The housing market in California continued to show signs of slowing in October as the number of sales declined for the sixth consecutive month and the median sale price dipped as well from the month before.
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There are so many decisions to be made when buying a home, and the type of mortgage to take out is one of the more important ones.
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FHA loans are known for being somewhat easier to get approved for since their credit requirements tend to be less stringent than conventional loans and down payment amounts don’t have to be as high.
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FHA loans are attractive mortgage options for borrowers who may find it challenging to get approved for a conventional mortgage.
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Lots of buyers consider purchasing pre-construction condos for a variety of reasons, but perhaps the biggest one is to lock in at the current price per square foot before prices start to rise.
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