Americans took out nearly $150 billion in loans backed by the Federal Housing Administration to buy homes in 2018. Nearly 83% of those FHA borrowers were first-time home buyers, according to the ...

Homeowners considering mortgage refinancing face interest rates that remain elevated compared to pandemic era levels, though recent months have brought modest relief. The current average refinance ...

Government refinance applications increased by 42% over the week, according to the MBA’s Weekly Mortgage Applications Survey for the week ending Feb. 28, 2025. This jump was mainly due to the dip in ...

Rising home values have translated into large equity gains over the past few years. As of 2024, homeowners hold an average of $315,000 in equity. A cash-out refinance allows you to tap into your home ...

FHA loans and conventional loans are both issued by private lenders, but FHA loans are insured by the federal government, and conventional loans are not. Due to their federal backing, FHA loans have ...