May 13th, 2009 4:00 PM

Minneapolis and St Paul marginal homebuyers are taking advantage of the housing market. FHA's fixed rates and low down payments make them consumer friendly. Single and multi-family home buyers are using it as the primary tool to help repair or upgrade a home. Home sellers are using the rehab loan to sell their homes faster or widen the exposure to their homes by improving them with new amenities like stainless steel energy star appliances.

See HUD FHA Outlook for more information.

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