• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

FHA Mortgage Insurance Premiums May Rise To 2.05% – FHA Mortgage Rates

FHA Mortgage Insurance Premiums May Rise To 2.05% – FHA mortgage rates   FHA mortgage rates The FHA may be raising its mortgage insurance premiums yet again. The Federal Housing Administration Fiscal Solvency Act of 2012 has overwhelmingly passed the House and will make its way to the Senate. Among other powers, the bill grants the FHA authority to raises its mortgage insurance premiums to as high as 2.05% annually — nearly twice the 1.20%

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FHA Changes Mortgage Insurance Premiums

FHA Changes Mortgage Insurance Premiums Mortgagee Letter 2012-04 announces changes to all standard single family forward mortgages.  This ML makes official the announcements made via recent HUD press releases.   Here are the 5 Things You Need to Know About These Changes: 1. Effective April 9th, 2012, Annual MIP will increase for all standard FHA loans < $625,000. 2. Effective June 11th, 2012, Annual MIP will increase for all standard FHA loans > $625,000. 3. Loans with a 15

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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