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Loan Modification

: Loan Modification & Home Loan News

FHA Loans Get Pricier

By Moe Bedard

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(Source: News Sentinel By Emily Glazer ) - The Federal Housing Administration is raising the annual insurance premium on new loans it insures starting April 18.Premiums for new 30- and 15-year FHA-backed mortgages will increase by one-quarter of a percentage point. The annual premiums, which are spread over monthly mortgage payments, will range from 0.25% [...]

Full post as published by Loan Modification & Home Loan News on March 28, 2011 (boomark / email).

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