Industry News

HUD adds adjustable-rate loan options

FHA to insure 3-, 5-, 7-, 10-year fixed-payment loans
Published on Mar 11, 2004

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by CareyBot

The Department of Housing and Urban Development published in the Federal Register Wednesday a final rule that aims to enhance home-buying opportunities by expanding its offerings of adjustable-rate mortgage products on FHA-insured mortgages. Potential home buyers will be able to ...