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Updated about 10 years ago on .

Melissa Tucker's profile image
Melissa Tucker's profile image
Melissa Tucker
  • from Phoenix, Arizona
  • Member since Oct 27, 2014
Connect

User Stats

9
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7
Votes
Melissa Tucker's profile image
Melissa Tucker's profile image
Melissa Tucker
  • from Phoenix, Arizona
  • Member since Oct 27, 2014
Connect
Melissa Tucker
  • Phoenix, AZ
7
Votes |
9
Posts
Private Lending & Conventional Mortgage Advice

FHA just lowered MI - Good News for all selling to the FHA market!

Melissa Tucker
  • Phoenix, AZ
Posted

Hi BP,

President Obama was in Phoenix earlier this month and announced that mortgage insurance on FHA loans is being reduced by 1/2% from 1.35% to .85%. Borrowers using an FHA loan can either keep more money in their pockets or buy more home. It's also a good time to discuss refinancing if you have an FHA loan. I'm not a loan officer but I think this is good information for investors to be aware of. Click here to see my blog post on the topic.

Happy Investing!

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