Slowing job growth raises ...US Initial Jobless Claims Rose 12000 to 346000 Last WeekBloomberg -12 minutes agoHomebuilders and mortgage lenders are paring staff as the housing slump deepens and banks restrict credit, economists said. The good thing about FHA mortgages is that almost anyone can get it. So if you have a satisfactory credit record, enough cash to close the loan and sufficient steady income to make monthly mortgage payments without difficulty, then you'll have no trouble getting approved for an FHA mortgage. As a rule of thumb, only people who will reside in the property are eligible for FHA-insured mortgages.
