
The Federal Open Market Committee begins a 2-day meeting today. Mortgage rates are expected to be volatile for the next 48 hours.
FHA Loans

The Federal Open Market Committee begins a 2-day meeting today. Mortgage rates are expected to be volatile for the next 48 hours.

Recent FHA premium increases should remind real estate professionals and potential home buyers with less than a 20 percent down payment to consider private mortgage insurance as a competitive and affordable alternative to an FHA-insured loan. On April 9, FHA increased its mortgage insurance premiums again. In fact, over the past 18 months, FHA’s insurance… Read More

In a week of up-and-down trading, mortgage markets improved for the second consecutive week last week.
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