Mortgage rates play a significant role in determining how much home you can afford. These rates influence the cost of borrowing money for your mortgage, which directly impacts your monthly payment and, ultimately, your home buying power.
Path to Homeownership With FHA Loans
For many potential homeowners, the dream of buying a house can feel out of reach, especially when saving for a large down payment or dealing with credit challenges. That's where FHA loans come in. Backed by the Federal Housing Administration, these loans have become a go-to option for first-time homebuyers and others looking for accessible and flexible financing options.