Mortgage And Real Estate News

Sunday, February 24, 2013

FHA : New 2013 Mortgage Insurance Premiums + MIP Cancellation Policy

The future of FHA lending may look very different from today with stricter guidelines, tougher loan terms, and an increase to FHA mortgage insurance premiums.

The FHA has put its plan to paper. For this year's home buyers and would-be refinancing households, the best time to get an FHA-backed mortgage may be now -- before the FHA makes its changes "official".

Read more: FHA : New 2013 Mortgage Insurance Premiums + MIP Cancellation Policy

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