Tag: Mortgage Insurance Premium

FHA to increase its mortgage insurance premium

By on March 16, 2011 in Mortgage Information with 0 Comments
FHA to increase its mortgage insurance premium

If you’re currently looking to purchase your home (house, condo, townhome) with an FHA Loan, the cost of that loan will be increasing soon. Effective April 18, 2011, the FHA monthly mortgage insurance premium will be increasing 0.25% for all loans with case numbers issued on or after April 18th. The net effect of the…

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