Month: January 2015

  • FHA to reduce Mortgage Insurance Premiums!

    FHA has just announced that it will dramatically cut the cost of  mortgage insurance premiums.  Current mortgage insurance premiums are 1.25% of the loan’s value. This amount will be reduced to .85%. This will  result in a savings of about $900 a year for most typical buyers.  It is about a 37% reduction in your […]

    Read More