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Author Archives: Steve Myers

How the FHA Mortgage Insurance Premium cut will impact your monthly payment

If you were considering a new FHA loan you are in luck.  A half a percentage point reduction is expected to the current annual FHA mortgage insurance premium charge. FHA Mortgage Insurance Premium That is a 0.5 percentage-point drop in annual premiums, from 1.35% to 0.85%.   The White House estimates this will save nine… Continue Reading

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