More homebuyers seek government-backed loans as an affordability lifeline
Housing Wire
FEBRUARY 3, 2025
Chris Porter, a senior vice president at the firm and the author of the latest outlook, said this correlates with buyers dedicating more of their income to housing and seeking accessible financing options. Louis -based Better Rate Mortgage , noted that in his local area, FHA loans are more common for those with higher debt-to-income ratios.
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