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• March 11, 2011
• /  Category News, Uncategorized
• /  Posted By Mortgage Master Luke
• /   No Comments.

On August 5th, 2010, Congress passed H.R. 5981.  This bill gives FHA the authority to change its annual mortgage insurance premium rate.  That same day, David Stevens (FHA Commissioner), came out and stated that FHA plans to increase their annual MI rate for all new FHA loans that have a case # effective September 7th, [...]

• August 11, 2010
• /  Category News, Uncategorized
• /  Posted By Mortgage Master Luke
• /   3 Comments.