
FHA To Increase Their Mortgage Insurance Premiums April 1, 2013
Real quickly, let me explain the role of FHA. The Federal Housing Administration is a government backed entity that insures mortgage loans.
Real quickly, let me explain the role of FHA. The Federal Housing Administration is a government backed entity that insures mortgage loans.
If you’ve tried to refinance in the past year or two since rates have dropped, you would have noticed that even though you were lowering your interest rate over a full percentage-point, the monthly savings wasn’t worth the refinance