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Loan Modification

: The Truth About Mortgage.com

Nearly 40 Percent of Purchase Mortgages in 2010 FHA Loans

By scot184

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Wondering just how popular the FHA has become? FHA loans were used to close 38 percent of all home purchase mortgages, including 60 percent of all African-American and Hispanic home purchases, during the nine-month period ending in June 2010. The FHA’s single-family insurance program also accounted for nine percent of all refinance loans during that time period. And [...]

Full post as published by The Truth About Mortgage.com on November 16, 2010 (boomark / email).

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