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For all FHA mortgage loans with case numbers assigned on or after April 18th 2011, the mortgage insurance premium will be increased making it more expensive for homebuyers. This change will not affect those who already have a FHA case number assigned or FHA loans that are already funded. To help you better understand FHA… Read more »
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Category: Refinance
The Cost of Not Refinancing
When it comes to your mortgage the first thing people ask is “what is your interest rate?” Many people have the old rule of them embedded in their thought processes that it does not make sense to refinance unless you are lowering your interest rate at least 1%. This may be true in some cases… Read more »
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