Mortgages

Sep 30 2016

fha mortgage insurance

#Don t Be Fooled by the New FHA Mortgage Insurance Premiums – The Motley Fool Even though the FHA is reducing its mortgage insurance premiums, it s still not the best option. TMFKWMatt82 Jan 25, 2015 at 11:07AM Source: pallspera.com via Flickr. Recently, it was announced that the Federal Housing Administration would lower the annual premium on its mortgage insurance from 1.35% of the outstanding loan balance to 0.85%. While this certainly makes FHA loans more affordable, the conventional alternatives are still better, especially for first-time buyers . The new conventional loan options In late 2014, Fannie Mae (NASDAQ OTC:FNMA …