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Can I read FHA Mortgage Insurance Premium Increase on EtoBox?

FHA Mortgage Insurance Premium Increase by Tom Wilson is a document available to read on EtoBox.

What is FHA Mortgage Insurance Premium Increase about?

The FHA will increase annual mortgage insurance premiums (MIP) by 25 basis points effective April 18, 2011 for all FHA loans. This increase means the monthly payment on a 30-year, $163,000 FHA loan with a case number issued on or after April 18th will rise by $33. According to experts, now is a good time for homebuyers to purchase before rates and premiums increase further.

Author
Tom Wilson
Language
EN