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…
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…
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…
