Best Rate Home Loans reports that a large number of previous homeowners who were forced into foreclosure during the recession have been getting back into the housing market in early 2013, according to recent analytics figures. And due to a policy in the Federal Housing Agency’s loan program that allows borrowers to put down a mortgage only three years after foreclosing on a home, such borrowers are reaping the rewards of extremely low down payment and mortgage rates.
(PRWeb May 10, 2013)
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