The Bearded Banker
28/02/2023
The FHA recently announced a 30 basis point (bps) reduction in the annual premium charged for borrowers, which will result in mortgage insurance premiums (MIP) being reduced.
The lower premiums will expand homeownership opportunities by lowering mortgage payments for qualified FHA borrowers, providing critical relief from the steep rise in home loan rates and home prices just in time for the spring buying season, according to the Mortgage Bankers Association.
Connect with me today for more information, or visit https://www.hud.gov/press/press_releases_media_advisories/HUD_No_23_041
16/02/2023
🏡 My clients finally found the perfect home.🙌 After the easy mortgage process, we now have two 🤩 happy home buyers! 🎉 Closed in 20 days. Congratulations to the Shaw family!