For the second time in the last two years, the Federal Housing Administration (FHA), a U.S. financing agency, will raise the premiums that it charges borrowers on April 9, 2012. This deadline is revised from the previous deadline of April 1, 2012. Beginning on April 9, 2012, the FHA will raise by 0.75 percentage points [...]
Tag Archive | "FHA"
For the second time in the last two years, the Federal Housing Administration (FHA), a U.S. financing agency, has announced that it will raise the premiums that it charges borrowers in April. Beginning on April 1, 2012, the FHA will raise by 0.75 percentage points to 1.75%, the upfront insurance premiums that borrowers must pay [...]
During the State of the Union Address a few weeks ago, President Obama announced plans for a new refinancing plan to help Americans, today he announced a series of proposals to make those plans a reality. What Does The Plan Do? The goal of the program is to help borrowers that are current on their [...]
Some good news for homeowners as the Senate voted yesterday to approve a measure that would restore the high balance conforming loan limit to $729,750 in high cost areas. The amendment was added to a spending bill by Senator Robert Menendez and was approved 60-31 in the Senate. If the larger spending bill is approved, [...]
Some good news for homeowners as the Senate voted yesterday to approve a measure that would restore the high balance conforming loan limit to $729,750 in high cost areas. The amendment was added to a spending bill by Senator Robert Menendez and was approved 60-31 in the Senate. If the larger spending bill is approved, [...]
