Can you get a USDA Rural Housing loan with the Government Shutdown in 2019?


Government Shutdown USDA Loans KY       Zero-Down Options Mortgage Loans in Kentucky While Kentucky FHA and conventional, PMI-backed loans are appealing options for cash-strapped buyers, some borrowers may be eligible for mortgages with no down payment at all. The Veterans Affairs, or VA, loan program is one such option, although you have to … Continue reading Can you get a USDA Rural Housing loan with the Government Shutdown in 2019?

Mish’s Global Economic Trend Analysis


In terms of interest rates, I locked an FHA purchase on May 2nd and the rate was 3.25%, and that rate carried a 2 point lender credit to help pay for closing costs. In order to get the same deal today, (a 2 point lender credit) the rate would have to be 5% today. This as an apples to apples comparison illustrates that FHA rates have increased 1.75% in 7 weeks.

The Big 3 Govie Loans: Comparing VA to FHA and USDA


The Big 3 Govie Loans: Comparing VA to FHA and USDA.   Table 3. Ginnie/USDA Highlights and Comparison to Ginnie/FHA Program Attribute Ginnie/USDA Ginnie/FHA Geography Includes 34% of U.S population.* This is much higher than in other definitions of “rural.” 1. About 16% of the population live outside of metro areas. 2. About 23% of … Continue reading The Big 3 Govie Loans: Comparing VA to FHA and USDA