Keller Williams Greater Seattle

Tag: FHA Mortgage

FHA to Reduce Annual Mortgage Insurance Premiums

By on January 13, 2015 in Feature, Mortgage, Real Estate with 0 Comments
FHA to Reduce Annual Mortgage Insurance Premiums

FHA to reduce the annual mortgage insurance premium as of January 26, 2015.

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FHA Increases Insurance Premiums Again Effective April 9, 2012

By on February 29, 2012 in Feature, Mortgage, Real Estate with 1 Comment
FHA Increases Insurance Premiums Again Effective April 9, 2012

Effective April 9, 2012 FHA will increase the upfront mortgage insurance premiums on FHA loans from 1.00% to 1.75%, raising the cost to borrowers.

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Condos Becoming Elusive for FHA Buyers

By on January 28, 2012 in Feature, Mortgage, Real Estate with 2 Comments
Condos Becoming Elusive for FHA Buyers

The effect of FHA’s 2010 condo approval and recertification changes are leaving condo buyers with fewer options as associations overlook or neglect FHA certification.

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Congress Reinstate Higher FHA Loan Limits

By on November 21, 2011 in Feature, Mortgage, Real Estate with 1 Comment
Congress Reinstate Higher FHA Loan Limits

On October 1, 2011 the increased loan limit for FHA Loans expired reducing the limit in the Seattle area from $567,500 to $506,000 for FHA back loans, potentially affecting upper-end purchases. Last week, FHA got a reprieve from Congress, which reinstated the higher loan limits in 42 states through 2013. For the Seattle/King County area…

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FHA and Conforming Loan Limits Expected to Reduce

By on July 6, 2011 in Feature, Mortgage, Real Estate with 2 Comments
FHA and Conforming Loan Limits Expected to Reduce

The FHA and conforming loan limits are expected to reduce by $61,500 effective October 1, 2011.

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Historic Mortgage Interest Rates

By on May 16, 2011 in Feature, Mortgage, Real Estate with 1 Comment
Historic Mortgage Interest Rates

Mortgage interest rates are at a year-to-date low, the lowest in 20 years. Plus, Wells Fargo offers a 3% down no mortgage insurance program.

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FHA Mortgage Insurance Premium Increases

By on March 13, 2011 in Feature, Mortgage, Real Estate with 2 Comments
FHA Mortgage Insurance Premium Increases

FHA’s monthly mortgage insurance premium rate will increase as of April 18, 2011 by 0.25%, which could increase monthly mortgage payments by as much as $100.

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HOA Foreclosure and the FHA Squeeze

Linkage: Condo HOA’s foreclosure option for delinquent owners; FHA changes create resale challenges for condo sellers.

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FHA Condo Approvals Set to Expire Soon

By on October 26, 2010 in Feature, Mortgage, Real Estate with 5 Comments

Time is running out for FHA condo recertification of hundreds of Seattle area condos. If your building was approved for FHA prior to October 2008, it must be recertified to keep its approval status.

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FHA Mortgage Insurance fees changing Oct 4th

By on August 17, 2010 in Feature, Mortgage with 0 Comments
FHA Mortgage Insurance fees changing Oct 4th

FHA to adjust mortgage insurance premium fees effective October 4, 2010.

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