mortgage insurance: How will the Mortgage Rule Changes Impact You?
- 07/23/12 08:36 PM
On July 9, 2012 new mortgage rules went into effect. Those rules included changes to maximum amortizations on insured mortgages; the price of homes eligible for mortgage insurance; changes to home equity borrowing and refinancing; and changes to the maximum gross debt service ratio. But just what exactly do these changes mean? How will the mortgage rule changes actually affect you?
Changes to Mortgage Insurance The changes to how mortgage insurance is handled are some of the biggest, and the ones people will feel the most. Mortgage insurance will no longer be available for homes that are priced over $1 … (0 comments)
On July 9, 2012 new mortgage rules went into effect. Those rules included changes
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