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

Posted on 1/31/13 at 10:13 am to C
Posted by Golfer
Member since Nov 2005
75052 posts
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Posted on 1/31/13 at 10:13 am to C
quote:
This seems like a pretty big deal.


I'm assuming this is for new loans? And this kills any momentum the housing market had, IMO.
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Posted by AbsolutTiger
New Orleans
Member since Sep 2006
4796 posts
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Posted on 1/31/13 at 7:44 pm to Golfer
quote:
And this kills any momentum the housing market had, IMO.


I agree. A $200 premium for the life of the loan is ridiculous.
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