Tag: Mortgage Insurance
FHA Reduces Mortgage Insurance Premium – January 2017
Effective January 27, 2017 FHA is reducing its mortgage insurance premium rate saving buyers hundreds of dollars annually. Though, it’ll provide a negligible benefit for Seattle condo buyers.
FHA to Reduce Annual Mortgage Insurance Premiums
FHA to reduce the annual mortgage insurance premium as of January 26, 2015.
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.
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.
FHA Mortgage Insurance fees changing Oct 4th
FHA to adjust mortgage insurance premium fees effective October 4, 2010.
