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February 25, 2017 – FHA mortgage loans are available for much more than just suburban homes or condominiums. FHA loans can also be used to purchase mobile homes, manufactured homes and/or modular homes. manufactured homes are often sold and transported in sections to be assembled on-site.
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While the cost to own a home continues to rise, mortgage rates are down from a year ago and continue to slip lower. Home loan. wide dispersion among mortgage rate offers," said Sam Khater, Freddie.
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