new fha mip: FHA Streamline Refinance in Arizona and California June 2012 - 05/26/12 05:19 AM
FHA Streamline Refinance in Arizona and California June 2012
For an FHA Homeowner who currently has an existing FHA loan that was endorsed/ closed prior to June 1, 2009, the MIP (mortgage insurance premium) are likely ”grandfathered” into a special guidelines designed by the FHA earlier this year.  Arizona and California FHA Homeowners, may qualify for a reduced rate on the MIP and the annual mortgage insurance premiums aside from a significantly lower rate and payment. 
Get an Arizona and California FHA Streamline Rate Quote
Upfront MIP Beginning for FHA Case Numbers assigned on or after June 11, 2012, and for loans endorsed prior to June … (0 comments)

new fha mip: New FHA Upfront MIP on Oct. 4, 2010 - 09/30/10 07:01 PM
New FHA Upfront MIP on Oct. 4, 2010
FHA Homebuyers will see the new FHA Upfront MIP go down as of October 4, 2010.  
Over the past 2-3 months, Congress has taken action and passed H.R. 5981. This bill gives FHA the authority to adjust it's annual mortgage insurance premium yielding approximately $300 million per month to the FHA Mutual Mortgage Insurance Fund at a time when its reserves are perilously low. As a result, FHA has decided that effectively on October 4, 2010, the UFMIP (Upfront Mortgage Insurance Premium) and the Monthly Insurance Premium will change in order to meet the demands … (2 comments)