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Winston Salem, NC Real Estate Market & Community News Provided by Tony Green, Broker, Realtor, EXIT Realty Elite Office: 336.462.9544 Cell: 336.287.4423

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Entries Tagged as 'FHA'

FHA Changes – Insurance Premium to Increase 30%

January 20th, 2010 · No Comments · FHA, Housing Market, Mortgage Market News, Real Estate Agents, Realtors

Today, the WALL STREET JOURNAL published an article with recently announced FHA changes. The highlights of the changes are buyers’ FHA insurance premium will increase from 1.75% to 2.25%; seller’s can contribute less money towards closing costs to help buyers; and buyers with credit scores below 580 will be required to make a 10% [...]

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