Tag Archives: fha loan

Average Time to Close: 44 Days

Posted on May 20, 2016 by Erin Johnston

Daily Real Estate News | Friday, May 20, 2016 For the second consecutive month, the average time to close all loans stayed at 44 days, suggesting that new mortgage rules that took effect this fall are having less of an … Continue reading →

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FHA To Make Permanent Mortgage Insurance

Posted on May 3, 2013 by Erin Johnston

Next month, the Federal Housing Administration plans to build up it’s finances by requiring anyone receiving a FHA loan with less than 20% down to carry mortgage insurance for as long as they have the loan. Previously it was only … Continue reading →

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FHA set to raise premiums on mortgage insurance

Posted on February 1, 2013 by

The Federal Housing Administration (FHA) announced on Wednesday, Jan 30th that premiums on most of the new mortgages it insures will be raised by 10 basis points, or 0.1%. The FHA is the largest insurer of low down payment mortgages … Continue reading →

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