Seattle real estate owners and buyers, with FHA financing. Increased premiums are set to start September 7, 2010. Review your financing to see how this impacts your purchase power or your opportunity to save money in today’s market.
FHA Financing Reminder April 5, 2010
FHA financing is increasing the upfront mortgage insurance premium (UFMIP) from 1.75% to 2.25% starting April 5, 2010. If you are refinancing your home, this does include streamline refinances as well. Act Now!!
FHA Upfront Mortgage Insurance Premium UFMIP increase to 2.25%
FHA financing to increase the upfront mortgage insurance premium from 1.75% to 2.25% starting April 5, 2010. Monthly mortgage insurance remains as is for now.
FHA Announces Policy Changes 2010
FHA announces policy changes for Summer 2010. This is a must read for all home buyers!
HUD Announces Owner Seasoning Waiver
HUD takes action to speed the resale of foreclosed properties to new buyers. This allows FHA first time home buyers to buy sooner then the current 90 days.