Biden Announces New Plan to Help Homeowners Save on Mortgage Costs
Pro Builder
FEBRUARY 23, 2023
FHA-insured mortgages, which accounted for 7.5% According to the White House, more than 80% of FHA borrowers are first-time homeowners, and over 25% of the homebuyers are people of color; the program does not have a minimum income level to qualify, but debt levels and credit ratings are still taken into account.
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