The U.S. Department of Agriculture (USDA) announced on Friday that it has lowered the interest rates for its single-family housing (SFH) direct home loan programs as of March 1, according to an email ...
The USDA failed to follow its own guidance for a rural mortgage program, taking years to foreclose on delinquent loans. As a result, 55 Maine borrowers racked up, on average, $110,000 in additional ...
Day by day, nail by nail, Austin Reese is hammering away at what will soon be his new home in the high country. Reese, who works for the Colorado State Forest Service’s Granby office, bought the home ...
The U.S. Department of Agriculture Rural Development is offering 4.25 percent interest rates in its Section 502 Direct Home Loan Program. Under the program, families and individuals may receive a loan ...
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FHA vs. USDA Loan: Requirements and Costs
Buying a home can feel overwhelming, especially when you're trying to decide which mortgage program is right for you. When exploring government-backed loans, FHA and USDA options both promise ...
Nearly all of the foreclosures filed by the USDA in recent months have targeted Maine’s poorest rural residents. (Photo illustration by Peter DiCampo/ProPublica. Source photos: Bangor Daily News.
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