Mortgages Made Simple

I feel like I could've written this post myself!  I get on the same soap box Jeff.  Great post, and worthy of a re-blog. Brandon Snider  Shop till you drop - this might not be wise advice when shopping for a mortgage   I wanted to bring up this topic because it still happens more than it should. ...

This week, Congress has passed H.R. 5981 and it's headed to the President's desk.  There are some major FHA changes associated with this bill that gives FHA the authority to raise the annual mortgage insurance premium that is supposed to bring in $300 million more on a monthly basis to FHA. So ho...

  FHA first proposed the monthly mortgage insurance changes in the beginning of 2010. Bill H.R. 5981 was first passed by the House in the spring and was just passed by the Senate the other day.  What does this bill do for FHA mortgages? They have projected that it will yield approximately $300 mi...