FHA to Raise Mortgage InsurancePosted by NMWelcomeHome Team Associates (505) 886-1432 on
FHA will be raising there monthly premiums sometime 2013 and will remain for the entire life of the loan! Premiums currently would drop off once it reaches less than 78% of the original principal balance. SOON THAT WILL CHANGE! The only thing you can do right now is buy a home before this goes into effect.
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