Manufactured housing, at least according to one Forbes article, is likely to be a stronger market than homes by the national
builders when everything starts to rebound. Why? Because there will be more incentive to buy them. Apparently, the U.S. government
will be including them under its favored lending programs and the Federal Housing Administration is increasing loan limits
for people buying manufactured homes but not the land underneath.
FHA loans, according to Forbes, have grown popular lately because the loans allow for a low down payment. The agency has gone from backing 2% of U.S. mortgage debt in 2006 to a third of all home loans in 2008, Forbes says.
Read the full article at forbes.com
FHA loans, according to Forbes, have grown popular lately because the loans allow for a low down payment. The agency has gone from backing 2% of U.S. mortgage debt in 2006 to a third of all home loans in 2008, Forbes says.
Read the full article at forbes.com
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Manufactured housing, at least according to one Forbes article, is likely to be a stronger market than homes by the national
builders when everything starts to rebound. Why? Because there will be more incentive to buy them. Apparently, the U.S. government
will be including them under its favored lending programs and the Federal Housing Administration is increasing loan limits
for people buying manufactured homes but not the land underneath.
FHA loans, according to Forbes, have grown popular lately because the loans allow for a low down payment. The agency has gone from backing 2% of U.S. mortgage debt in 2006 to a third of all home loans in 2008, Forbes says.
Read the full article at forbes.com
FHA loans, according to Forbes, have grown popular lately because the loans allow for a low down payment. The agency has gone from backing 2% of U.S. mortgage debt in 2006 to a third of all home loans in 2008, Forbes says.
Read the full article at forbes.com
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