By Forrest Jones Housing prices should grow an average 3.9 percent for the next five years, according to the Fiserv financial services and technology firm. Prices will likely begin to climb this summer, quickly in some parts of the country, with investors driving momentum. As of now, home prices are down 35 percent from their […]
By Lorraine Woellert Feb. 28 (Bloomberg) — The Federal Housing Administration will increase the cost of up-front mortgage insurance premiums by 75 basis points as part of efforts to rebuild the agency’s insurance fund. The increase will apply only to new 30-year, single-family FHA loans and won’t affect the cost of streamlined refinancings, FHA Acting […]