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re: FHA: Insurance premiums for mortgages will no longer be phased out at 78%

Posted on 1/31/13 at 2:04 pm to C
Posted by yellowfin
Coastal Bar
Member since May 2006
97719 posts
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Posted on 1/31/13 at 2:04 pm to C
quote:
Yes so most people will do that to save money in the long run.


unless the interest rates start going up again
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Posted by C
Houston
Member since Dec 2007
27832 posts
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Posted on 1/31/13 at 2:15 pm to yellowfin
Is PMI based on monthly balance? For some reason I thought it was a flat fee based on initial loan ammount.
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