As the number of foreclosures on the market as well as fixer-uppers continues to hold (and rise in some areas of southeast Michigan), there’s a growing interest in obtaining these homes.  Despite the need for a little TLC before they’re livable and comfortable, people are starting to look for ways to purchase these homes without […]

Considering an FHA mortgage in Michigan in the near future?  The Federal Housing Administration is making changes that will have an impact on your new home purchase decision. The Federal Housing Administration (FHA) is attempting to improve its capital reserves by implementing a hike in up-front  insurance premiums that it charges to borrowers.  According to […]