FHA Insurance Drops! But Will FHA Mortgage Fees Fall Even Further?
From Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports
January 9, 2017 - 2:33pm
The announced FHA mortgage insurance premium cut raises an important question: Are more reductions on the way? HUD lowered the FHA annual mortgage insurance premium (annual MIP) by .25 percent on January 9th, a move which is expected to save most new FHA borrowers $500 a year according to HUD. The new reduction is the […]
Continue reading this article »