Friday, March 2, 2012

FHA Annual Mortgage Insurance Increase

FHA has announced they will be increasing their annual mortgage insurance premium and upfront mortgage insurance premium for all case numbers given after April 1, 2012. The amount of the increase has not yet been disclosed. As new information comes in, we will update you. If you have FHA buyers who can lock before the last week in March please encourage them to do so.

Thank you!