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Looking to Buy? Need an FHA loan? You best hurry…FHA fees are going up.

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FHA releases info about premium increase WASHINGTON – Feb. 22, 2011 – Effective April 18, the average FHA-backed mortgage will cost new borrowers about $30 more per month. In a letter sent yesterday, Assistant Secretary for Housing/Federal Housing Commission David H. Stevens explained the change, which will increase the mortgage insurance premium (MIP) on all [...]

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