Beginning Monday, June 11, the FHA is changing its mortgage insurance premium schedule for the second time this year.
FHA Mortgage Insurance Premiums Increasing April 9, 2012
Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today.
FHA Drops Upfront Mortgage Insurance Premium To 0.01% For Qualified Borrowers
Beginning mid-June 2012, certain current, FHA-backed homeowners will be able to refinance their existing FHA mortgage into a new one, without having to pay the government-backed group’s new, costly mortgage insurance premium schedule.
FHA To Raise Mortgage Insurance Premiums April 1, 2012
Beginning April 1, 2012, the FHA is once again raising its mortgage insurance premiums.
Maximum FHA Loan Limits Restored To $729,750
As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750.