The Berkshire Group

Get Your FHA Mortgage Application Started — Fees Increase 1/2 Percent Starting Monday, April 5, 2010

March 30, 2010 by Real Estate News · Leave a Comment 

Starting Monday, April 5, 2010, getting an FHA mortgage will be more expensive. That means you’ll want to give a full mortgage application before the weekend so your lender can register your loan in time for the deadline.

Separating FHA Fact From Fiction : Mortgage Insurance Premiums

February 10, 2010 by Real Estate News · Leave a Comment 

Because of how frequently bank rules are changing, it can be hard for laypersons to distinguish between mortgage fact and fiction of what’s coming next. Recently, we saw this with respect to FHA home loans.

Spring 2010 FHA Guidelines Make Borrowing Tougher And More Expensive

January 21, 2010 by Real Estate News · Leave a Comment 

In a statement issued Wednesday, the Federal Housing Authority outlined policy changes to its mortgage assistance program. The shift is meant to both reduce the government group’s portfolio risk while strengthening its overall financials. For consumers, the changes mean higher costs.

2010 FHA Loan Limits Released

January 8, 2010 by Real Estate News · Leave a Comment 

The FHA published its 2010 loan limits. There’s no change from 2009.

The Berkshire Group