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FHA loans

April 18, 2024

Mortgage Borrowers At Risk In 2024?

Are FHA mortgages and other types of mortgages riskier in 2024? The answer may be YES thanks to a currently elevated potential for mortgage fraud initiated by scam artists. Fraud prevention company Funding Shield reports high fraud vulnerability in roughly half of all “portfolio loans,” including residential mortgages, in the first three months of 2024.  According to HousingWire.com, such problems seem to arise due to a “lack of appropriate controls” related to closing procedures. In | more...

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March 4, 2024

Home Buying Strategy In 2024

In the first week of March 2024, mortgage rates were hovering at near the 7% range. Some financial pundits believe this could extend into April. | more...

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