FHA Monthly Mortgage Insurance Will Increase April 18, 2011 - 02/14/11 06:28 PM
Effective April 18, 2011 FHA Monthly Mortgage Insurance Premium (MIP)Will Increase By 0.25 to 1.15 PointUFMIP Will Remain at 1.00 Point
FHA Mortgagee Letter
New Monthly Mortgage Insurance Premium (MIP)The FHA annual premium, shown below, paid monthly, will charged based on the initial Loan to Value and length of the mortgage according to the following schedule:
30 Year Loans MIP FeeLTV < 95% Loan To Value 1.10%LTV >=95% Loan to Value 1.15%     15 Year Loans MIP FeeLTV < 95%  0.25%LTV >=95% 0.50%
Last FHA MIP Change was On Oct 4, 2010
Effective for FHA case numbers ordered on or after October 4, … (1 comments)

DAILY MORTGAGE INTEREST RATE LOCK ADVICE - 02/02/11 12:09 PM
DAILY MORTGAGE INTEREST RATE LOCK ADVICEFebruary 2, 2011, 9:00 AM PST
LOCK ADVICE CHANGES SEVERAL TIMES DAILY CLICK FOR UPDATE
Mortgage Interest Rate lock Advice for locks within 3 days:  LOCK on any Down Day.Mortgage Points based on Mortgage Backed Securities are Up 0.31 point.   There will be unfavorable midday price changes.
Long Term Mortgage Interest Rate Lock or Float Advice:  LOCK.
MARKET INDICATORS 30 Year Fixed Interest Rate - National Average 4.80% MBS  (FNMA 30 Yr 4.0%) -  Current: 98.60  High: 98.94,  Low: 98.63 DJI Stocks Currently $12,041.33,  Up $3.06, Change 0.025%    Asia & Europe Indexes Up 0.834%    Nymex Crude Oil Currently $91.06 … (0 comments)

DAILY MORTGAGE INTEREST RATE LOCK ADVICE - 02/01/11 12:53 PM
DAILY MORTGAGE INTEREST RATE LOCK ADVICEFebruary 1, 2011, 9:45 AM PST
LOCK ADVICE CHANGES SEVERAL TIMES DAILY CLICK FOR UPDATE
Mortgage Interest Rate lock Advice for locks within 3 days:  LOCK on any Down Day.Mortgage Points based on Mortgage Backed Securities are up 0.36 point. 
Long Term Mortgage Interest Rate Lock or Float Advice:  LOCK.
MARKET INDICATORS 30 Year Fixed Interest Rate - National Average 4.80% MBS  (FNMA 30 Yr 4.0%) -  Current: 98.77  High: 99.13,  Low: 98.56 DJI Stocks Currently $12,023.13,  Up $131.20, Change 1.091%  Asia & Europe Indexes Up 1.108%  Nymex Crude Oil Currently $91.69 Down $0.50  ___________________________________________________________________________________________________________________ 
California Rates 2/1/2011, 10:00 … (1 comments)

 
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Bill Ladewig Your FHA Guru - FHA and VA Loans Since 1970

Escondido, CA

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