If the extension of the home buyer tax credit doesn't motivate more buyers to make a home purchase this year, maybe the thought of it costing more to finance a home in the future is what will force buyers to make the move.
That seems to be one of the few positive things that could come out of the Federal Housing Administration (FHA) increasing its borrower fees and putting tighter restrictions on its qualifications.
The FHA announced its proposal to tighten lending requirements for home buyers and charge higher fees to protect itself, the general taxpayer, as well as the overall economy from rising mortgage defaults.
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http://www.associatedcontent.com/article/2622109/upcoming_changes_to_fhabacked_loans.html?cat=3
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