Friday, March 11, 2011

FHA Increases Mortgage Insurance Premiums on April 18th, 2011

THIS INFO JUST IN FROM BANK OF AMERICA:
On April 18th HUD will be increase the mortgage insurance premiums on all FHA loans by 0.25%. Any FHA financing originated after April 18th will be subject to this higher MI premium. For more information regarding the FHA changes, feel free to contact Marc - contact information below.
 
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