The 40 percent reduction in annual mortgage premiums backed by the Federal Housing Administration will help owners and buyers save thousands of dollars throughout the lifetime of their loans, according to Zillow Real Estate Research.
The new program will allow borrowers to put down 3.5 percent when taking out their loan and save more than $14,700 after 30 years. Monthly insurance payments will gradually decrease as the loan progresses, going from an average of about $180 to $5.
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year
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