Tag Archives: mortgage insurance

FHA Annual Premium Increase

April 18th, 2011- FHA case #’s pulled on this day or after will have higher annual premiums, which means higher monthly payments. Continue reading

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F.H.A. to Raise Insurance Premiums

F.H.A. to Raise Insurance Premiums.  Mortgage Insurance going from .9 to 1.15 on a 30 year fixed for FHA.   Thank you,  Matt Steinmetz   nmls# 221315  Envoy Mortgage  2151-A2 Salvio St. Concord, CA 94520   Office: 925-671-9501 x119   FHA*VA*HomePath*FHA 203K*Less … Continue reading

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FHA Update

The bill will allow FHA to increase the annual (monthly) premium. This is a victory for homebuyers. Continue reading

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Governor Schwarzenegger Signs $10,000 Homebuyer Tax Credit Legislation

Governor Schwarzenegger Signs $10,000 Homebuyer Tax Credit Legislation. Starting May 1st, the very day after the federal tax credit ends, California’s tax credit kicks in!!! This time it’s not just for new homes either.  First time buyers, purchasing new or … Continue reading

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FHA wants your money!

Be on the look out for FHA, as they are trying to raise the monthly mortgage insurance premium (MIP) from .55% to .85%. Reading in my posts below you will see that they are already raising the upfront MIP from … Continue reading

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A Little Fed and a lot of FHA

Well it looks like the date for the increase in up front mortgage insurance (UFMIP) is April 5th. Continue reading

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