A heads up to FHA borrowers:
As of Monday April 5th 2010 FHA mortgages just got more expensive. The upfront mortgage insurance premium just went from 1.75% to 2.25% making your loans go higher. for instance: if you have a $200,000 loan your FHA loan amount would have been $203,500. now it would be $204,500. If you would like more information about this please contact me at www.massmortgageloan.com or e-mail firstname.lastname@example.org.