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Two FHA premiums to go up

The upfront insurance premium charged on FHA-insured mortgages for home purchases will increase from 1 percent to 1.75 percent on April 9, and the annual FHA mortgage insurance premiums will rise by one-tenth of a percentage point.

The run down on AITDs

All Inclusive Trust Deeds were big in the 80s and 90s. They are starting to see a resurgence today. Bbut there are some major downsides to AITDs that you should be aware of. Here’s a little background on it. In the 80s interest rates reached incredible highs up...

Loan Limits Extended

Congress just passed, and the President signed, legislation that extended the loan limits for Fannie, Freddie, and FHA. Conforming loan limits will remain at $729,750 through September 30, 2011.
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