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Day: January 13, 2017

Your Weekend Guide January 13-15, 2017

“Rainy days and Mondays always get me down” If that’s your mantra, then you may need to find something exciting to do this weekend in the Basin to get over the cloudy weather. And remember, Monday is a Federal holiday so a lot of you may have a three day weekend to enjoy! Def Con …

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HUD Lowers Mortgage Insurance Premiums for Most FHA Loans

The Department of Housing and Urban Development announced on Monday that they plan to reduce the Mortgage Insurance Premium for FHA mortgage loans. Since 2012, the Federal Housing Administration’s(FHA) Mutual Mortgage Insurance(MMI) Fund has gained $44 billion, and is now 32 basis points above the 2 percent threshold level required by Congress. This is ~$13 billion more …

The post HUD Lowers Mortgage Insurance Premiums for Most FHA Loans appeared first on Benchmark.

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