Pretty big news for buyers and sellers...

HUD just announced they are going to lower the FHA monthly MI .25% starting January 27, 2017. That means that the monthly MI, goes from .85% of the loan amount to .60% of the loan amount. In other words, on a $100k loan the monthly MI is .85% or $850.00 / 12 ($70.73 per month) & now that same MI would be .60% or $600.00 / 12 ($50.00 per month).

What this means is simply the buying power just went up for a FHA borrower!

IF YOU ARE READY TO BUY OR SELL CALL ME IMMEDIATELY FOR A FREE CONSULTATION. 702-328-4583

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www.RobartRealtyGroup.com

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