Tag: Mortgage Insurance
FHA Reduces Mortgage Insurance Premium – January 2017
![FHA Reduces Mortgage Insurance Premium – January 2017 FHA Reduces Mortgage Insurance Premium – January 2017](http://seattlecondosandlofts.com/wp-content/uploads/2017/01/FHA-logo-630px-300x200.jpg)
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 Annual Mortgage Insurance Premiums FHA to Reduce Annual Mortgage Insurance Premiums](http://seattlecondosandlofts.com/wp-content/uploads/2011/07/mortgage-300x200.jpg)
FHA to reduce the annual mortgage insurance premium as of January 26, 2015.
FHA Increases Insurance Premiums Again Effective April 9, 2012
![FHA Increases Insurance Premiums Again Effective April 9, 2012 FHA Increases Insurance Premiums Again Effective April 9, 2012](http://seattlecondosandlofts.com/wp-content/uploads/2012/02/fha_approved_condos-300x60.jpg)
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
![Historic Mortgage Interest Rates Historic Mortgage Interest Rates](http://seattlecondosandlofts.com/wp-content/uploads/2011/04/right-arrow-sm-2.png)
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 Mortgage Insurance fees changing Oct 4th FHA Mortgage Insurance fees changing Oct 4th](http://seattlecondosandlofts.com/wp-content/uploads/2010/08/fha-mip-fee-300x142.jpg)
FHA to adjust mortgage insurance premium fees effective October 4, 2010.