Good Afternoon...Here is today's industry update from the Think Big Work Small Guys. Once again the boys are talking about FHA changing their down payment requirement to 5%, and NAR stating this increase is not good for the consumer; the 1.5% increase will discourage buyers. On their list today also is FHA lifting the ceiling on oorigination fees for 203K loans.
Disclaimer: If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
Comments(0)