Good news for any borrowers looking for an affordable mortgage: the FHA is doing you yet another favor by announcing recently that they will be lowering the premium cost (insurance fund for people who default on their loans) from 1.35% of the mortgage's total value to only 0.85%. According to CNNMoney, the average borrower with [...]The post FHA to Slash Its Insurance Costs for 2015 appeared first on HomeStarSearch.com.
