FHA announced that despite some skeptics in Congress, FHA will lower the FHA PMI Rates on January 26th. The new rates are going down by almost 1/2%. Because of this reduction, new home buyers will …
FHA Streamline Refinance Case Numbers
We think the practice that we are seeing in a PERVASIVE manor (outlined below) is unethical. This is a HUGE problem right now for folks who called around for information and rate quotes for a FHA …
Continue Reading about FHA Streamline Refinance Case Numbers →
FHA Streamline Refinance of Investment Property
Mortgage rates have dropped again this week. Meaning, it's time to Refinance that Rental home, and get a better cash flow! If you've been looking for a Bank that offers the FHA Streamline Refinance …
Continue Reading about FHA Streamline Refinance of Investment Property →
When Does FHA PMI Get Cancelled?
If you are considering a Refinance of your FHA Home Loan, like many folks in North Carolina, we need to talk about when you closed on your mortgage. Because FHA is really just a giant insurance …
FHA PMI Rates Going Lower in 2015?
FHA PMI Rates have gone up so many times since 2009 to cover losses - that we've lost count. The FHA PMI Rates are currently so high that it's cheaper (assuming you have good credit scores) to use a …
FHA PMI Rates 2014
FHA Home Loans are backed by the US Government, and provide a default insurance for the Bank. This default mortgage insurance or FHA PMI rate is set to keep the mortgage insurance fund …
