https://realtybiznews.com/fha-raise-premiums-mortgages/98719094/ With the latest on mortgages, refinancing, real estate & home tips Mon, 13 Jul 2015 21:41:00 +0000 hourly 1 http://wordpress.org/?v=4.2.2 https://realtybiznews.com/fha-raise-premiums-mortgages/98719094/#comment-245753 Fri, 01 Feb 2013 13:48:54 +0000 https://realtybiznews.com/?p=19094#comment-245753 $13 a month times 30 years = $4680 on top of the thousands an FHA borrower already has to pay in fees.
FHA has sold it’s soul to the subprime devil. We can thank the NAR for this. They rolled out a full blown political movement in 2008 and 09 to make sure that FHA would continue to fund borrowers who were very risky, and now, with a delinquency rate approaching 20%, this is the result. Higher costs for borrowers. No incentive for private capital in this mortgage pool.

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