FHA Mortgages Reviving

Date October 16, 2008

A few decades ago, most home financing was with mortgages insured by the Federal Housing Administration (FHA). But later the popularity of these loans dropped dramatically, largely due to restrictions on FHA home mortgages. They just weren’t competitive with offered conventional mortgages.
Today, however, FHA loans are experiencing a strong revival. Certain restrictions and loan limits [...]