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re: FHA: Insurance premiums for mortgages will no longer be phased out at 78%
Posted on 1/31/13 at 1:01 pm to C
Posted on 1/31/13 at 1:01 pm to C
quote:
This seems like a pretty big deal.
It's a HUGE deal.
And largely kills the entire fricking point of an FHA loan.
Everyone with any financial acumen won't buy a house unless they can get it with a traditional loan.
Which is a huge pain in the arse for first time homebuyers.
1
Posted on 1/31/13 at 4:35 pm to Siderophore
This post was edited on 2/26/13 at 2:15 pm
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