My New Blog Upcoming FHA changes June 14th, 2010 9:56 AM Legislation was just passed that will allow the FHA to raise the cost of monthly mortgage insurance from the current .55 factor to 1.55.  On a $400,000 FHA loan the cost at 1.55 is $516.68 per month. The current cost is $183.33. If you are thinking of buying with an FHA loan, make your move before these changes take effect.   Posted by Dean Simpson on June 14th, 2010 9:56 AMPost a Comment (0) Subscribe to this blog * Name: * Email Address: URL: Comment: Type the characters you see in this picture, click "Submit" when finished.   This helps us prevent automated programs from posting comments and sending spam. * Name: * Email Address: Address: City: State: Zip:   This helps us prevent automated programs from creating bogus contacts and adding them to your contacts database.

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