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FHA Mortgage Insurance Premium Increase

April 5, 2012 |  Article By :   | 

Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today because the FHA Mortgage Insurance Premium Increase starts next week.

Beginning next week, the Federal Housing Administration (FHA) is changing the way it charges mortgage insurance to U.S. homeowners. For the fourth time since 2010, FHA mortgage insurance premiums are rising for all FHA-backed homeowners. (more…)