The LaPeter Team
Mar 10

FHA Will Increase Up-Front Mortgage Insurance Premiums

By Lorraine Woellert Feb. 28 (Bloomberg) — The Federal Housing Administration will increase the cost of up-front mortgage insurance premiums by 75 basis points as part of efforts to rebuild the agency’s insurance fund. The increase will apply only to new 30-year, single-family FHA loans and won’t affect the cost of streamlined refinancings, FHA Acting […]