Minnesota Home Buyers: FHA Costs Going Up... by Twin Cities Homes for Sale
Annual MIP (Mortgage Insurance Premium) on new FHA home mortgages are going up as of April 18, 2011. The 2.5% increase will affect your monthly payment.
If you are in the market right now, you should work hard in the next couple of weeks to secure a property.
Some buyers may be prioced out of the market - check with your lender how this change will affect you.
To find a perfect home for you, CALL ME TODAY!
612-267-6798
Contact Marzena M. Melby, GRI, CDPE, Keller Williams Integrity Realty. Licensed REALTOR® in the state of Minnesota
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Keller Williams Realty, or its other partners or agents.
Comments(4)