Arkansas Real Estate | Deaton Group Realty

Little Rock, North Little Rock, Maumelle, Bryant, Benton, Sherwood and surrounding areas

Little Rock AR Real Estate

Costs to buy a home are going up!

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Costs to buy a home are going up!

Effective April 18th – FHA Mortgage Insurance Premiums (MIP) will have another increase from .90 to 1.15%.  That is a 30% increase.  This means an increase in the borrower’s monthly payment!  If you are thinking of buying, we need to have an FHA case number by 4/18/11 to be able to use the lower PMI.  After that date, the fees go up.  Looking to buy, call me asap and lets find one while the fees are low.

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By: on March 18th, 2011 Category: Uncategorized