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Rocklin, CA FHA Loan Homebuyer Update
January 10th, 2017 2:36 PM
GREAT NEWS! FHA (Federal Housing Administration) is set to reduce annual mortgage insurance premiums. According to an announcement from HUD, the FHA’s annual mortgage insurance premium (MIP) will decline by 25 basis points (or a quarter of a percent), and will save new FHA-insured borrowers an average of $500. The new premiums will affect homebuyers with FHA mortgages that close on or after Jan. 27, 2017.

Contact me if you're looking to buy a home in Rocklin, CA.

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Posted by Reginald Jackson on January 10th, 2017 2:36 PMPost a Comment

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