In a dramatic temporary reversal of policy , the Federal Housing Administration is giving condo buyers a much-needed break.
Last week, the FHA, the federal agency that insures low-down-payment home loans for private lenders, said it was relaxing its building underwriting guidelines as a way of helping the struggling sector ride out the downturn.
The move could help boost sales in condos by making more FHA mortgages available to borrowers.
FHA loans provide qualified buyers an opportunity...
Motorcyclist killed in NW Austin collision
A motorcyclist died after colliding with a vehicle in Northwest Austin Saturday evening.The accident occurred in the 1300 block of SH 45 West at US Hwy 183 southbound just before 4:45...
King Kahn And The Shrines [Show Preview]
The molten garage howl of King Kahn and the Shrines touches down at the Mohawk tonight. After a contentious, internet-induced break up with longtime collaborator, BBQ Show (aka Mark...
Brigadier general has died in Afghanistan
The U.S. Army says a 49-year-old brigadier general has died in Afghanistan. A statement posted on the Fort Hood website says Brig. Gen. Terence Hildner died Friday in Kabul of apparent...
Officer involved shooting results in SWAT standoff in West...
An officer involved shooting resulted in a SWAT standoff Friday night in West Austin.Police responded to a shots fired call at the Oak Hollow Apartments, located at 7201 Wood Hollow Drive...
Occupiers evicted from City Hall, Arrests made
Austin Police began the removal of Occupy Austin demonstrators from City Hall Plaza Friday night.According to City of Austin spokesman Reyne Telles, the city made a revision to the Building...
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