FHA Mortgage Applications Rise
Posted on June 23, 2010 by admin
Filed under FHA Articles, FHA Mortgage Articles, FHA news · Tagged: FHA Loan Blog, MBA
Filed under FHA Articles, FHA Mortgage Articles, FHA news · Tagged: FHA Loan Blog, MBA
Finally there was some good news for FHA lenders. MBA announced today that both FHA and VA loan applications rose noticeably. refinance loan guidelines have seen some tightening of one of the most popular programs, the FHA streamline in which borrowers are no longer allowed to finance the closing costs. According to the FHA Loan Blog, “Many FHA lenders have said that this had hurt their FHA refinance business, but it appears the borrowers are still using FHA for refinancing transactions.” Read the original FHA Loan Blog Post > FHA Lenders See Rise for FHA Refinancing and Home Buying
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