You may wish to read this Mortage Letter. Everyone has heard that there is a moritorium on the FHA Risk Based Pricing that were to take effect 10/1/2008.    HUD today issued a the ML that confirms this, but at the same time they increased the Upfront MIP from 1.50 to 1.75.    They also increased the Monthly MIP from .50% to .55% for Loan to values above 95% LTV.  

Here is a link to the entire Mortgage Letter.  http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/08-22ml.doc 

If any Realtor has any buyers that wish to take advantage of the Lower MIP premiums, you need to make sure they have an accepted contract and the lender has issued a FHA case number.