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FHA Mortgage Insurance On the Rise

 
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Phinehas
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Joined: 22 Apr 2006
Posts: 7686
PostPosted: Thu Aug 28, 2008 12:32 am    Post subject: FHA Mortgage Insurance On the Rise Reply with quote
The Federal Housing Administration will increase the cost of its <b>mortgage</b> insurance by 25 basis points to 1.75 percent of the total <b>loan</b> amount. That amounts to a $500 up-front charge on a <b>mortgage</b> of $200000.

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