hud: HUD suspends FHA mortgage insurance rate cut after Trump takes office
- 01/20/17 07:33 PM
HUD, Ben Carson and the Donald Trump Administration today indefinitely suspended a pending rate cut from mortgage insurance required FHA backed loans. These loans are popular for first-time home buyers and those with poor credit. These rate cuts would have saved homeowners hundreds of dollars each year. The suspension of the rate cut is to start on January 27th. For most future borrows the rate will now remain at .85% rather than .60%. In Fairfax County the limit on an FHA mortgage is $636,150. In Henrico County the loan limit on an FHA mortgage is $535,900. If the planned reductions went to effect, borrowers (2 comments)
National Fair Housing Alliance & HUD Investigations Confirm Discrimination! Where's the outcry from the National Association of Realtors? On July 18, 2008, the U.S. Department of Justice filed a federal lawsuit against the real estate brokerage doing business as Re/Max East-West alleging discrimination on the basis of race and national origin in violation of the Fair Housing Act. Re/ Max East-West is a major brokerage company serving DuPage and Cook Counties in Illinois. An undercover investigation of Re/Max East-West was conducted by the National Fair Housing Alliance and the investigation unturned a repeated pattern of racial (2 comments)
WWW.RICHMONDVAHOME.COM WWW.RICHMONDHOMESEARCH.NET The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more... The Marcus Rice Team can be reached at 804-247-8187 or remaxrice@live.com
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WWW.RICHMONDVAHOME.COM WWW.RICHMONDHOMESEARCH.NET The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more... The Marcus Rice Team can be reached at 804-247-8187 or remaxrice@live.com (14 comments)