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FHA Becomes More Affordable This Week

September 29th, 2008 · Comments Off on FHA Becomes More Affordable This Week

Earlier this year — and for the first time in its history — the FHA changed its funding fees and mortgage insurance structure. Effective October 1, 2008, it’s repealing those changes. Partly to keep FHA home loans affordable, and partly to comply with new laws, the FHA is rolling back its up-front fees and ongoing mortgage […]

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Tags: Economy · Mortgage Lending · Real Estate