Community News

Nov. 8, 2019

Myth About Down Payment Required to Purchase a Home, Townhome or Condo

Misconceptions remain about down payments

More than 6 in 10 Americans (62%) believe you need at least a 20% down payment to purchase a home. When we asked a similar question in the 2017 Down Payment Reality Report, 44% said they believed you need to put down 20% or more ...

View More
Jan. 12, 2017

FHA Mortgage Insurance Premiums Have Been Reduced for 2017

Do you plan to use an FHA loan to buy a home in 2017. If so, I have some good news. The Department of Housing and Urban Development (HUD) announced this week that it would reduce the FHA annual mortgage insurance premium (MIP) for 2017. This change will take effect ...

View More