More Changes are a Coming for FHA on September 7th, 2010

By
Real Estate Agent with RE/MAX Preferred 3122573

As expected, FHA is raising the Mortgage Insurance effective for all New Case Numbers Sept 7th, 2010. Currently FHA Mortgage Insurance is .55% and will almost double to .90% monthly. FHA is expected to yield approximately $300 million with this new Change having the cost passed onto Buyers. Mortgagee Letter is forthcoming with full details. 

http://www.housingwire.com/2010/08/05/bill-to-let-fha-raise-annual-premiums-heads-to-obama  

BUY NOW OR PAY MORE

1

Have a Real Estate Question, call Kathy or visit:  www.KathyHyatt.com


BUY NOW OR PAY MORE, WHAT IS GOING TO BE?  

Posted by

 


Kathy sells South Florida!

Kathy Hyatt, CRS-ABR-GRI
South Florida REALTOR®
RE/MAX Premier Associates
(954) 347-0244

Kathy Sells Homes on Facebook - Become a Fan!

Follow Kathy on Twitter!

Check Out Kathy's Videos on You Tube!

View Kathy's Profile on Linkedin

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Florida Broward County
Groups:
Dedicated Bloggers
Diary of a Realtor
REALTOR LIFE
Realtors®
The Lounge at Active Rain
Tags:
more changes are a coming for fha on september 7th
2010

Spam prevention
Rainmaker
207,506

Kathy Hyatt PA

Broward Realtor- Sells Plantation Acres& Jacaranda
Ask Me Anything!
*
*
*
Spam prevention