National Real Estate Headlines: The Federal Housing Administration’s rise in mortgage insurance fees prevented an estimated 375,000 purchases in 2013, according to data from the National Association of REALTORS®. FHA has more than doubled its mortgage insurance fees since 2010, adding up to about $340 a month to some buyers’ payments compared to $125. NAR is calling for the agency to partially roll back and restructure its fees, particularly since FHA is set to regain its financial footing later this year.
Posted on: Mon, 12 May 2014 20:19:21 +0000
Trending Topics
© 2015