Questions? Let's Talk: 877.762.4375
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Questions? Let's Talk: 877.762.4375
According to economists, an extended government shutdown is likely to have significant negative effects on the FHA (Federal Housing Administration), which, along with other various government agencies, backs around 90% of mortgages in the U.S. With only 67 of the FHA’s 2,972 employees approved to work, mortgage approval is expected to slow. While a short-term disruption is not likely to have a long-term impact, the longer the shutdown, the more significant the impact is expected to be. More here
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