FHA Mortgage Fees May Increase
News about FHA says they are in the process of asking congress to raise the annual insurance fee on FHA mortgage loans.
If granted, mortgage insurance rates for an FHA loan would increase from the current limit of .55% to a new limit of .85%.
The rate change would raise monthly mortgage payments by about $25 for each $100,000 loan increment.
Get Mortgage Rates and Information
If granted, mortgage insurance rates for an FHA loan would increase from the current limit of .55% to a new limit of .85%.
The rate change would raise monthly mortgage payments by about $25 for each $100,000 loan increment.
Get Mortgage Rates and Information
posted by CRHOME.com at
6:40 AM
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