FHA loans reach highest market share since 2012

The share of new-home sales financed via Federal Housing Administration (FHA) loans reached its highest level in seven years, according to the National Association of Home Builders (NAHB). FHA-backed sales accounted for 17.2% of new-home sales in 2019, the largest percentage since hitting 20.6% in 2012. There were an estimated 117,000 homes bought with FHA […]

A Chance to Bloom

Downpayment assistance plans aid borrowers in cracking homeownership barriers

A strong year for the FHA insurance fund sparks a debate

The Federal Housing Administration (FHA) insurance fund hasn’t been this healthy since the eve of the Great Recession. Late last year, the U.S. Department of Housing and Urban Development (HUD) published its fiscal year 2019 report that included the fund’s minimum capital ratio — a metric that predicts the fund’s ability to pay claims on […]