August 9th, 2010 1:38 PM by Kathy Delbridge
There are FHA Changes coming soon that will affect a Homebuyer's Monthly Payments.
What are the changes?
These changes will be effective with FHA Case #'s assigned on or after September 7, 2010. Case #'s are generally assigned upon completion of a borrower's signed application and upon receipt of making a binding offer on a home for new purchases.
Want to know how these changes WILL affect your Monthly Mortgage Payment, Click on this link to view a comparison Chart.
With Interest Rates at historical lows, homes being sold well below previous values and now these changes, don't delay if you have been considering purchasing a home, especially if you'll be obtaining FHA Financing.
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