Remove 2013 Remove Development Remove Home Improvement Remove Renovations
article thumbnail

4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

Now, the twist: It used to be that you had to pay this mortgage insurance on an FHA loan only until you gained 20% equity in your home. But under legislation passed in 2013, you can plan on paying that extra money for the life of the FHA loan. Department of Housing and Urban Development. No biggie, right?

article thumbnail

4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

Now, the twist: It used to be that you had to pay this mortgage insurance on an FHA loan only until you gained 20% equity in your home. But under legislation passed in 2013, you can plan on paying that extra money for the life of the FHA loan. Department of Housing and Urban Development. No biggie, right?

article thumbnail

WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic. homeowners plan to upgrade or remodel their homes, including 63% of Millennial homeowners (25-34 years old).