HUD announced that their factor used to calculate monthly mortgage insurance will be reduced from 1.35 to .85. This will provide big savings on a monthly basis for homeowners who currently have FHA loans and wish to streamline refinance and to buyers who are seeking to purchase a home. The average savings range from $50 – $100/mo.! If you know anyone with an FHA mortgage, please have them give us a call!
HUD to lower monthly Mortgage Insurance! Big Savings for Homebuyers and Homeowners!
HUD to lower monthly Mortgage Insurance! Big Savings for Homebuyers and Homeowners!
Want to buy a home?
