FHA FEES

FHA Fees: Up for Purchases, Down for Some Refinances

The annual FHA mortgage insurance premium will increase by ..10 percent for purchase money borrowers as of April 1st. ┬áThe increase was part of the 2011 legislation to extend payroll tax cuts. ┬áThere’s an additional .25 percent increase on jumbo loans, to take effect on June 1st.

Logo of the Federal Housing Administration.
Logo of the Federal Housing Administration. (Photo credit: Wikipedia)
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