FHA Announces Reduction In Mortgage Insurance Rates

Dated: 01/16/2017

Views: 176

Calling ALL Home buyers! THE FHA ANNOUNCES A REDUCTION IN MORTGAGE INSURANCE RATES! According to the Federal Housing Administration, Department of Housing and Urban Development, borrowers who close on an FHA mortgage after January 27, 2017 will pay .25% less for the monthly mortgage insurance premium! What this means for you is that  this popular home loan is more accessible and affordable, especially for first time home buyers! 

While you may be looking at the above number and thinking that doesn't look like much, but this mere quarter of a percentage can save new homeowners an average of $500.00 a year! Hey, every little bit helps, right! 

If you've been thinking about buying, now is the time to get the ball rolling! I'm here to help get your home search started, just let me know some basic details and I can get you set up on your very own personalized search, sent directly to your e-mail and if you need a lender, I have great contacts that are sure to get you some great rates and the home loan process moving right along, so when you do find the home of your dreams, you'll be ready to jump! 

Blog author image

Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

Want to Advertise on this Site?

Latest Blog Posts

6 Things To Know When You Relocate To Denver

Denver has so much to offer and the world is on to all the greatness Denver provides to families, singles, young, old, internationals, and a variety of industries and demographics.  Here are

Read More

Beautiful Knolls West Townhome

7106 S Knolls WayCentennial, CO 80122Knolls West Townhomes SouthGlennFantastic townhome! Clean and inviting in highly desirable location, popular Knolls West Townhome Community! Walking &

Read More


Bring your rackets! You must see this large, beautifully maintained home that backs to a park with public tennis courts! Aurora's Hutchinson Heights neighborhood is centrally located,

Read More

What Is APR Or ARMS Quick Explanation

The annual percentage rate (or APR) is the amount of interest on your total loan amount that you'll pay annually (averaged over the full term of the loan). A lower APR could translate to lower

Read More