If you’re a first time homebuyer, things can be pretty confusing right now. With the tax credit deadlines, who qualifies, new F.H.A. standards, etc. there’s a lot to keep up with.
Just recently the Federal Housing Administration announced they are going to be increasing the mortgage insurance premium on F.H.A. insured loans. The new premium will be 2.25%, a .5% increase from what it was before.
In addition to the insurance premium, beginning this summer... Full Story
Categories : Real Estate