Refinance Your FHA Mortgage; Leave Your FHA MIP Behind

SOURCE: Mortgage News Feed

FHA mortgage rates are dropping, putting more and more FHA-backed homeowners "in the money" for an FHA Streamline Refinance. If your current loan is backed by the FHA and your current mortgage rate is higher than 4.25%, it may be smart to explore your refinancing options. Homeowners using the FHA Streamline Refinance are saving five percent or more each month. Today's rates are the lowest they've been in 14 months.

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Each week we post articles on FHA/VA Government news topics, ranging from FHA Direct Endorsement Underwriters, to current FHA underwriting guidelines, to new FHA rules/regulations, FHA compliance, FHA lending requirements and much more! PLEASE NOTE: We are NOT owned, operated or affiliated with HUD, FHA or the Federal Government in any way.


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