Our Phoenix team of real estate agents wanted to let you know that based on a Federal Housing Administration (FHA) announcement that was made on November 12, 2012, the FHA stated it is planning on raising mortgage insurance premiums again and will set in place regulations preventing new borrowers from cancelling their mortgage insurance premium at any time during the life of their home loan.
Please take some time and read the Federal Housing Administration (FHA) announcement so you can be sure to understand more clearly, all the details for the changes, especially if you are a considering buying Phoenix real estate as an FHA borrower.
We are a team of Phoenix Arizona real estate agents and brokers work with Phoenix FHA home buyers and we help our clients buy and sell Phoenix homes throughout Metro Phoenix Arizona.
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