FHA Extends Waiver of Anti-Flipping Regulations Through 2012:

In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration (FHA) Commissioner Carol J. Galante will extend FHA’s temporary waiver of the anti-flipping regulations.   With certain exceptions, FHA regulations prohibit insuring a mortgage on a home owned by the seller for less than [...]

8 Reasons Why to Invest in Your Home

1. Funding is cheap The current economic climate sweetens the pot for people on solid financial footing. Should I spend $60,000 to renovate my house? "The Fed doesn't want you to save -- it wants you to put your dollars into circulation," said Keith Gumbinger, mortgage market analyst at HSH.com. Today's historically low interest rates [...]