For the first time in its history, the FHA changed its funding fees and mortgage insurance structure this week. FHA-insured home loans are now subject to a risk-based pricing adjustment, as shown by the table above.
Because of risk-based pricing, FHA home loans are now more expensive for borrowers with less-than-ideal credit profiles, and less expensive borrowers with […]
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Jul
18
Mandatory FHA Loan Fees Increase For Some, Fall For Others
Category: FHA Loans, Rates | 
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May
29
While American drivers groan over the price of gasoline soaring to $4 per gallon, the French are paying $8.67 per gallon of super, compared to $7.10 in January, 2007. A gallon of diesel in French gas stations averages $8.54, up from $5.35 just a year ago. In the U.K. diesel costs $11.50 […]
Apr
18
Good credit will basically roll out the red carpet and open the door to the bank for you as if you were the Great Gatsby himself. It’s your umbrella during this economic thunder storm, as you watch others get drenched in financial stress and discomfort. In order to stay as […]
