(Photo credit: Wikipedia) Yes, Virginia, there is such a thing as an Energy Efficient Mortgage, and it's a financial product that coastal residents should believe in. The EEM is available through a Federal Housing Administration program designed to allow homebuyers or homeowners to roll the cost of energy-efficient improvements and appliances into an FHA-insured home purchase … [Read more...] about Energy Efficient Mortgages Let Home Buyers Go Green
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FHA Fannie Freddie regulators move to ease mortgage credit
A shift by the federal regulator of Fannie Mae and Freddie Mac could soon make getting a mortgage loan easier by giving lenders more leeway before the mortgage giants demand that they repurchase loans. The majority of the homes on the Texas coast are under $400k and this will help the region's pent up demand for ownership that has been limited by difficulties getting … [Read more...] about FHA Fannie Freddie regulators move to ease mortgage credit