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National Association of REALTORS® <[email protected]>

4:58 PM (21 minutes ago)

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Condo financing rules issued yesterday will give lenders and buyers more options

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August 16, 2019
HUD is expected to release updated guidance today on FHA-insured condo financing. The rules will boost affordability by helping more buyers purchase condos.

NAR: Condo Rules to Boost Market

An NAR review of HUD’s guidance on FHA-insured loans shows that the changes will open up more affordable housing options to first-time buyers and revive a national condo market constrained since the Great Recession.
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