FHA loans are changing in 2013, here's how:

As a Mortgage Banker and financial professional the past decade has been more than interesting.  Our country has witnessed an entire lifetime’s worth of financial rise and decline in just the past 10 years.  We’ve gone from the “borrow as much as you can while the money is cheap” strategy, to the “deleverage yourself, stay in for dinner and lead a simpler life” mantra.  The Federal Reserve tracks the nation’s personal savings rate (PSR) and has duly noted that we have come a…