President’s Club

FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011

Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis [...]

Higher (And Lower) FHA Mortgage Insurance Premiums Start October 4, 2010

Beginning with FHA case numbers issued on or after October 4, 2010, the FHA is changing its upfront and annual mortgage insurance premium [...]

FHA Mortgage Insurance Premiums Approved To Triple In Cost

In a near-unanimous vote, the House of Representatives gave the FHA power to raise the monthly mortgage insurance premiums it charges to its [...]

Get Your FHA Mortgage Application Started — Fees Increase 1/2 Percent Starting Monday, April 5, 2010

Starting Monday, April 5, 2010, getting an FHA mortgage will be more expensive. That means you’ll want to give a full mortgage application before the weekend so your lender can register your loan in time for the [...]

Separating FHA Fact From Fiction : Mortgage Insurance Premiums

Because of how frequently bank rules are changing, it can be hard for laypersons to distinguish between mortgage fact and fiction of what’s coming next. Recently, we saw this with respect to FHA home [...]

Separating FHA Fact From Fiction : Mortgage Insurance Premiums

Because of how frequently bank rules are changing, it can be hard for laypersons to distinguish between mortgage fact and fiction of what’s coming next. Recently, we saw this with respect to FHA home [...]

Spring 2010 FHA Guidelines Make Borrowing Tougher And More Expensive

In a statement issued Wednesday, the Federal Housing Authority outlined policy changes to its mortgage assistance program. The shift is meant to both reduce the government group’s portfolio risk while strengthening its overall financials. For consumers, the changes mean higher [...]

2010 FHA Loan Limits Released

The FHA published its 2010 loan limits. There’s no change from [...]