Mortgages – NLC Loans

Homeowners Pay Less in Mortgage Insurance Premiums with FHA Reduction

January 9, 2017

New cuts in FHA Mortgage Insurance Premiums save homeowners more on their monthly mortgage payments. Move may spur refi’s and make housing more affordable. January 9, 2017 (Independence, Ohio) The Federal Housing Administration announced today they would reduce the annual premium that borrowers pay on mortgage insurance, a move that could affect more than 1 … Continued

HUD to Increase FHA Loan Limits for 2017, Points to Healthy Housing Market

December 8, 2016

Due to increasing housing prices nationwide, the Federal Housing Administration announced a new schedule of loan limits for 2017 that reflects recent and anticipated market changes.