ATTN TEAM NORTHSIDE!
FHA Insurance Premiums and Mortgage Insurance Rates are changing October 4th. Both of these will affect a significant part of our San Antonio market. I estimate a good 60% of all loans in the San Antonio market are FHA insured loans.
An article given to me by our corporate office explains why some of these changes are going to occur.
An article given to me by our corporate office explains why some of these changes are going to occur.
The article, found in your emails, answers three major questions:
- Why is congress changing FHA mortgage insurance premiums?
- How are premiums changing?
- How will this affect homebuyers?
Read up and be sure to keep your customers informed!
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