home buyers financing: FHA Increases Their Up Front and Monthly Mortgage Insurance Premiums April 1 2012 - How Does it Effect You? Reblog - 03/04/12 07:41 PM
Rates are increasing on April 1, so if you are doing FHA, both the Up Front Fees and the MIP is increasing.  The change will result in about a $20 to $30 change per month, the changes are outlined in the below blog.
Via Donna Harris, REALTOR®, CDPE & ASP - Hill Country Austin Lakeway Homes (RE/MAX Austin Skyline):
In today's real estate market, many buyers are opting for the FHA route for obtaining their mortgage. FHA loans are different from Conventional loans in many ways, mainly an FHA loan is a Government loan that only requires a 3.5% down payment and … (2 comments)

 
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