August 1, 2012 Advance Notice: Changes to the USDA Mortgage Upfront Guarantee Fee and the monthly mortgage insurance Annual fee Effective on October 1, 2012, the start of Fiscal Year (FY) 2013, Rural Development will revise the Up-Front Guarantee Fee and the monthly mortgage insurance fee structure as follows: Up-Front Guarantee […]
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Browsing Posts tagged USDA Mortgages
USDA 30 Year Fixed Rates As Low As 3.25%! Today’s USDA Home Loan Rates For February 1st, 2012 USDA Program Updated Rates *Please note that USDA loan rates are subject to change daily.* *We now have credit score tier specific USDA Mortgage Rates!* *All USDA loan rates posted are based on 30 day locks. […]
USDA Mortgage Update: Monthly Mortgage Insurance Starting October 1,2011 According to a recent Administrative Notice (AN4551 which can be seen HERE) sent out by USDA, starting October 1, 2011 the upfront guarantee fee will be reduced from 3.5% of the loan amount to 2% with the addition of minimal monthly mortgage insurance on all purchase […]
