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HUD Announces Dates for Mortgage Insurance Changes

2/12/2013

 

MIP Rates to Increase On April 1st      What does it Mean?

If you are planning to buy a home, or even considering a move you need to ACT NOW!  Why?  It will soon cost more money, adding extra expense to your monthly mortgage payment  if you plan to use FHA to finance your next home.  HUD announced that beginning with case numbers issued on or after April 1st new mortgage insurance premiums will go into effect.  This in turn could also off set any interest rate savings (which rates are edging up already) and impact your debt ratios and the amount of home you can afford to purchase.  So...if you want the very best situation ACT Now!  If you want more details or information about how this could impact you or for information on refinancing or homes for sale contact me using the links above.

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    Diane Allan is Realtor in Utah serving the Wasatch Front area with over 22 years experience in Real Estate, Construction, and related fields.

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172 N. East Promontory #280, Farmington UT  84025

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I have moved a lot and sold over 20 homes over the years.  Diane is by far the best agent I have ever had the opportunity to work with! J, Ashby
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  • Home
    • Home-Ownership
  • Sellers
    • RealVitalize
    • Why use a Realtor
    • Sellers Market Value
  • Buyers
    • Purchase Incentive Programs
    • Global Luxury Home Buying Experience
    • New Construction
  • Luxury Homes
    • GlobalLuxury
  • Why Choose Us
    • About The Results Team
  • Relocating
    • Relocation Connections
    • Military Rewards
  • Blog
  • Book an Appointment
  • Home Search
  • Mortgage Calculator
  • Fall 2020 Buyer Guide