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FHA To Increase Premiums on Mortggages

January 31st, 2013 7:15 PM by Teresa Molina

Government-insured mortgages are about to get more expensive.

The Federal Housing Administration, which is the largest insurer of low-down payment mortgages, announced Wednesday that it will raise premiums by 10 basis points, or 0.1%, on most of the new mortgages it insures.

http://money.cnn.com/2013/01/31/real_estate/fha-mortgage-premiums/index.html?iid=HP_LN&hpt=hp_t2
Posted in:General
Posted by Teresa Molina on January 31st, 2013 7:15 PM

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