Friday, September 5, 2008

FHA Originations Continue to Grow!

The FHA monthly purchase originations grew to 83,005 nationally in July 2008. This is an increase of over 10,000 from the June 2008 total of 72,613. Take a look at the accompanying chart to see the month-by-month trend over the last year.

The economic stimulus package continues to have an impact on FHA loans. Can we expect a similar increase in August? Check our blog again for the results.

1 comment:

mike said...

u can't get a mortgage loan any other way ! f/f are are gonna be govt loans just like fha so there are all the same now. the fed insures and the fed guarantees! its the fed that grows!