Mortgage Rates – Where Do They Go Now?
After the Federal Reserve statement on Wednesday you may be wondering where will mortgage rates go from here? If you are not sure what I am talking about, check out the article on NPR about the Federal Reserve statement. So what does this mean for mortgage rates? Where they go from here, may take looking […]
FHA Mortgage Insurance to increase
HUD has announced that in an effort to bolster it’s capital reserves they are going to once again increase the mortgage insurance premiums on FHA loans. The change will go into effect once they issue a mortgagee letter and set a start date. The impact would be about $17 per month increase in mortgage insurance […]