Tuesday, February 28, 2012

April 1st FHA Mortgage Insurance Premiums to Increase

Click this link for the full article on how borrowers taking advantage of the low downpayment requirements for FHA loans will pay more for the upfront fee - it will increase from 1% of the loan amount to 1.75% - and the annual premiums will increase for most purchasers 0.10% per year!

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