Mortgage Insurance Premiums for FHA Financing Go up Oct 4th!
Here is a quick explanation and breakdown of the changes happening to FHA residential mortgages on Oct. 4th. Basically, It’s going to get more expensive. This is only the first of more increases we will see through 2011. If you or someone you know is looking for more information feel free to contact me and my team. If you are a real estate agent, it’s a great idea to forward this video to prospects on the fence. You need to have a HUD assigned case # for your property by Oct 3rd.
0 The Buzzz Season 3 | The Buzzz | August 20, 2010
[...] right! On April 18th 2011 FHA Monthly Mortgage Insurance Premiums go up for the first time since the changes in effect as of Oct 4th. The change is .25 basis points to the Monthly Mortgage Insurance Premium. The 25 basis point rise [...]