Mortgage and Real Estate Insight

Changes to the FHA 203B program have made it one of the most popular loan programs in the country today with loan limits in Bay County at $396,250 for single family residences. With down payments as low as 3%, and the acceptability of gifts and down payment assitance programs for a borrowers fund...

NAR reported today that new home sales unexpectedly rose in April. Hopefully we will get more positive news like this in the coming weeks to help counter the media's overly-negative coverage of the housing market.