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Home » Dip in Purchases Fueling Low FHA Lending
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Dip in Purchases Fueling Low FHA Lending

January 14, 2011
FHA loans used for home purchases accounted for a low share of total FHA origination volume in November 2010, contributing to the continued suppressed FHA mortgage totals toward the end of last year. Just 47.5 percent of the FHA lending in November was in purchase-money loans, down from the 76.7 percent mark from July. The monthly volume totals in July and November were...[Includes one data chart]
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