Articles tagged with: FHA
It’s been a heck of a week on a number of levels here in Arkansas.
For one thing, that pesky winter returned in full force about the middle of the week. Indeed, our 70-degree, sunny days were replaced by near-freezing temperatures and nasty rain by the weekend.
For another, the question a heck of a lot of us Arkansans wanted to know was answered this week — who will replace deposed Razorbacks Basketball Coach John Pelphrey? Also, we had the state Legislature going about its business of annoying us with new laws. …
Business, News, Real Estate »
It seems a new Federal Housing Administration (FHA) increase has caused some confusion among individual homeowners – the mortgage insurance increase that will be in place on April 18.
The FHA, in November, announced it was boosting its annual mortgage insurance premium by a quarter of a percent in April, which represents the third increase in 12 months. Specifically, the annual premium will be 1.1 percent to 1.15 percent for 30 year loans and 0.25 to 0.50 percent for 15 year loans. The up-front, one-time insurance premium of 1 percent will …