Archive for the 'FHA Home Financing News' Category

Finance Energy Efficiency with an FHA Home Equity Loan

Thursday, May 5th, 2011

The U.S. government announced a FHA home equity loan program that cost-effectively finances energy efficient appliances and solar energy installation.  Home equity rates have declined to record lows as the cost of money continues to be cheap because the Federal Reserve has kept the discount rates at nearly zero.  Most second mortgage programs require equity, [...]

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Home Values and Housing Sales Prices Decline as Obama Mortgage Rescue Plan Rolls Out

Wednesday, February 25th, 2009

While most real estate evaluators would agree that Obama’s mortgage rescue plan is likely to slow foreclosures for many homeowners, some home financing experts question how much it can help in a high cost regions such as San Diego where home values have fallen so sharply. For example, the rescue plan offers much-needed refinancing to [...]

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