Big changes to FHA loans and why you should buy now

A great video from my friends over at The RE Source . This is defiantly making a great case for why your clients (attention Realtors) or for you as a buyer should get off the fence and buy a home NOW, especially if you are using FHA financing!!  FHA has been increasing the fees associated to its loans over the past 3 years, and even now while they starting to show profits. Don’t wait too long and be stuck with Mortgage insurance for the life of the loan, or forcing you to refinance out of it to Higher rates later down the road.

 

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