Posts Categorized: New Concepts

About That FHA Prepayment Penalty

News that FHA will eliminate a prepayment penalty starting next year has been widely reported. It’s a move NAR has been seeking for some time because it will relieve borrowers of a financial hit that’s entirely out of their control and also bring the agency’s policies in line with other federal agencies that backstop mortgages. Perhaps most importantly, it… Read more »

Vertical Agriculture

The 21st century has seen rapid urbanisation and the global population is now expected to grow to more than 8.3 billion by 2050. Currently, 800m hectares – 38% of the earth’s land surface – is farmed and we’ll soon need to give over another 100m hectares if we continue to use current agricultural methods. That’s… Read more »