Rise in Popularity of FHA Loans Amid Challenging Housing Market

Learn about the rise in popularity of FHA loans, allowing buyers to make a down payment as low as 3.5% in a challenging housing market. Despite the benefits, borrowers opting for lower down payments may face mortgage insurance costs. Discover how FHA loans are catering to first-time and low- to middle-income buyers, with a focus on Millennials and Gen Zers looking to establish households in a competitive housing market.