Browsing Tag

Michigan homebuyers

Industry News

Are Student Loans Holding You Back from Homeownership? Help May Have Arrived.

July 1, 2021

As of June 2021, the Federal Housing Administration (FHA), unit of the Department of Housing and Urban Development that provides insurance on mortgages as little as 3.5% down, has…

Industry News

How Low Interest Rates are Impacting Affordability in the Housing Market

December 17, 2020

When the 2008 recession hit, Americans doubled their rate of saving almost overnight, from around 3.5% to over 7%. By 2012, the national savings rate was at 12%, and…

Ross Mortgage News

FHA Back to Work Program Helps Previous Homeowners Buy Again

November 15, 2013

It’s no secret the recession was hard on a lot of homeowners. While some suffered property devaluation, others suffered job loss and were forced to file for bankruptcy or…