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St. Louis Real Estate Search

 

St. Louis Mortgage Rate Update; Mortgage Insurance Premiums Increase for FHA Loans

Acting FHA Commissioner Carol Galante recently announced a new premium structure for FHA-insured single family mortgage loans. FHA will increase its annual mortgage insurance premium (MIP) by 0.10 percent . Upfront premiums (UFMIP) will also increase by 0.75 percent. […]