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Home › Forums › Closed Forums › Buying and Selling RE › Help for young couple buying a first-time condo with FHA? › 4plexowner wrote:”Condo loans

January 20, 2009 at 8:54 AM #331992
NotCranky
Participant

[quote=4plexowner]”Condo loans with less than 25% equity will cost .75% more than a house.”

http://piggington.com/fnma_new_loan_pricing_increases

now why would FNMA want 3/4’s of a point more for condos than for single family houses?

could it be that condos are a bad investment?[/quote]

Seems to me that other than purchase price and rate, there are not many posters who seriously consider investment angles on this blog… in reference to their owner occupied homes.I am not trying to sound judgemental there. It seems about average.