Are FHA loans worth it?

The most popular type of mortgage for buyers with low down payments keeps getting pricier and less appealing as more buyers question whether it’s still worth getting an FHA loan. The mortgage insurance premium on loans backed by the Federal Housing Administration has nearly tripled since 2008. read more

The mortgage insurance premium on loans backed by the Federal Housing Administration has nearly tripled since 2008. a The most popular type of mortgage for buyers with low down payments keeps getting pricier and less appealing as more buyers question whether it's still worth getting an FHA loan. read more

A 'missed' house payment is 30 days worth of interest that is being added to your loan amount and being financed over 30 more years. FHA has made it very expensive to refinance. These loans are best suite for interest rates that are somewhere in the mid to high 5s and up. read more