On April 5, 2010, FHA is increasing upfront mortgage insurance premium from 1.75% to 2.25%. Know that this is one more reason to find a home and close quickly. There really are SO MANY good reasons to purchase a home right now - low rates, high inventory, home buyer tax credit, etc.
Act now before you have to pay the higher amount. We are happy to talk with you that might have questions about this, the tax credit or interest rates. Feel free to contact us at
562-945-0371 or by email info@endeavorRE.com. Have a great day!
Sincerely,
Endeavor Real Estate
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