Will The FHA Reduce Mortgage Insurance Premiums (MIP) For New And …
The FHA is not a mortgage lender. It's a mortgage insurer. And, website like this search like other insurers, capsule the FHA collects regular payments known as premiums which fund the claims it pays to lenders. FHA mortgage insurance premiums have climbed steadily since 2009. Today …
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The 6 most unusual and bearish features of the housing recovery
Most first-time homebuyers don't have 20% down for a house, particularly at today's high prices, so many opt for a 3.5% down FHA mortgage or a 5% or 10% down conventional mortgage with private mortgage insurance. While overall housing … The chart …
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Hunting For Yield Like Elmer Fudd
Federal Housing Finance Agency Director Melvin Watt said two weeks ago he plans on bringing back down-payments on mortgage loans bought by Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) to as low as 3%. He also … As a result, the economic net …
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