For the past couple of years, getting a home loan has been getting harder and harder. Finally, there is some good news. Both Wells Fargo and Quicken Loans have decided to lower the accepted FICO score for an FHA loan to 580. Previously, all FICO scores had to be over 620. This is great news [...]
Entries Tagged as 'housing market'
February 15th, 2009 · No Comments · Economy, Market Updates, Real Estate, Texas
Recovery in the housing market is key to overall economic recovery and no one knows that better than the National Association of Realtors (NAR). They are looking forward to the implementation of the Presidents stimulus package citing a number of reasons why they back this plan. According to NAR President Charles McMillan, who is also [...]