Five FHA Loan Facts to Know Before You Buy A Home

July 22nd, 2016

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FHA, known as the Federal Housing Administration, offers a mortgage loan requiring borrowers to have mortgage insurance on the loan. The FHA loan originated during the great depression and has contributed to the growth of the housing market ever since.  Read the rest of this entry »

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FHA Raises Costs…Again….And Again.

January 31st, 2013

FHA (The Federal Housing Administration), is soon going to raise their mortgage insurance costs, again. FHA is the largest insurer of low down payment mortgages, and it has been announced recently that they are in trouble, and may be in need of a taxpayer bailout. This told me at that time that their fees would increase soon, and soon has finally arrived. The FHA mortgage fee details are: Read the rest of this entry »

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FHA Mortgage Insurance Costs Going Up As Fast As Gas Prices!

March 14th, 2012

FHA mortgage insurance costs are going up…again. It is almost like watching the price of stamps constantly creep up. However, postage prices creep up due to inflation, whereas FHA mortgage insurance cost goes up due to waste, inefficiency and massive losses at FHA. Here is a breakdown of the increases: Read the rest of this entry »

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