FHA Suspends Reduction of Annual Mortgage Insurance Premium

And just like that it is gone…..

The FHA has suspended the annual reduction of Annual Mortgage Insurance Premiums. For the full story you can click here. This is how quick things can change in the mortgage world and why it is so important to use a dependable lender who stays abreast these important updates. Call Zach Larichiuta at the Lucy Lending Team if you have any questions about how this news may affect your current mortgage or one you are recently preparing to apply for. For more information about Zach and the Lucy Lending team you can check out or Facebook page here. You can also send us an e-mail at [email protected] or call (843) 469-9010