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FHA Insured Loan Applications Grow 16%

FHA Insured Loan Applications Grow 16%

| Apr 02, 2013 | Housing Market

According to the Federal Housing Administration’s most recent outlook, insured loan applications have continued to increase, jumping 16%. The improvement is due to the higher number of homes being purchased and the rise in refinance filings. mortgage insurance applications increased to 146,509, up 20,674 from last year. The FHA has insured 102,011 more single-family mortgages compared to this time last year, reaching a total of 134,461. More here

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