housing loans

What Role Does The Federal Government Play In Regards To FHA Loans?

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What Role Does The Federal Government Play In Regards To FHA Loans? The Federal Housing Administration (FHA) is part of the U.S. Department of Housing and Urban Development. We provide mortgage insurance on loans made by FHA-approved lenders. What is the function of the FHA in regards to loans? The Federal Housing Administration (FHA) is

Will HDFC Reduce Home Loan Rate?

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Will HDFC Reduce Home Loan Rate? “HDFC has reduced its retail prime lending rate on housing loans, on which its adjustable rate home loans are benchmarked, by 0.10%, effective October 15, 2019,” a company spokesperson said. The interest rate will range from 8.25% to 8.65%, depending on the borrower. Is HDFC Bank reduced interest rate?