Home buyers generally look at a fair amount of homes in the process of finding their dream home. It would be impossible, if not very expensive to have all potential properties professionally inspected prior to putting in an offer to purchase. This means home buyers need to leverage the experience ...
Starting April 1, home buyers utilizing FHA financing will see a significant increase in the Mortgage Insurance Premium (MIP) paid upfront by buyers. The MIP premium will rise from the current 1% to 1.75%. Besides the one-time upfront fee, the monthly MIP will also rise 0.1% for loans ...