02/23/2023
Morning Facebook fam! FHA loan borrowing just became more affordable. I’d honestly recommend home buyers consider the 3.5% down FHA option when buying a house especially now that this cut has passed. Also keep in mind various home buying programs offered by the state, your county, and different lenders to reduce the amount you pay for downpayment and closing cost. If you’re thinking of buying a home message me🙂 .
The 30 bps cut will reduce housing costs by an average of $800 for roughly 850,000 FHA homebuyers & homeowners in '23, the White House said.