Tag: michigan fha streamline refinance

Changes Coming to FHA Premiums

You know those nasty premiums that come along with mortgage loans?  Those ones that everyone hates to deal with.  Yeah, well I think you’re about to hate FHA (Federal Housing Administration) premiums even more.  FHA Acting Commissioner, Carol Galante, made an announcement regarding their current premium points.  It appears the “basis” points” will soon be… Read more »

Michigan FHA Streamline Refinance

Owing more on your mortgage than your house is worth is a common problem in Michigan.  After the economy took a downturn only a few years back, property values have plummeted.  The U.S. federal government has recently announced programs to help people refinance their mortgages that are owned by Fannie Mae and Freddie Mac.  This… Read more »