Posts Tagged ‘United States Congress’

FHA Followup

November 23 2009

1 comment

It seems that my blog posts may be being read even by Congress.

On November 14, 2009 I blogged about the financial state of The Federal Housing Administration (FHA) and the possibility of an increase in the minimum downpayment requirement from 3.5 percent to 5% in order to obtain an FHA loan to purchase a home in the Lake Oroville real estate market and beyond.

Seems that I am not the only one thinking this way. RealtyTimes.com has an article about this very thing.

CLICK HERE to read the article.

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Posted in Buyers, Financing, General, Sellers, The Economy

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