FHA just announced that they are going to increase the annual mortgage insurance premium (MIP) by 0.10 percent for loans under $625,500 and by 0.35 percent for loans above that amount.Upfront premiums (UFMIP) will also increase by 0.75 percent. This will take effect beginning in April and June 2012.
Archive for February, 2012
FHA will increase mortgage insurance.
Posted by heartlandrealty on February 29, 2012
Posted in Uncategorized | Leave a Comment »
January 2012 Hays home sales
Posted by heartlandrealty on February 20, 2012
Hays area home sales fell by 7.7% in January compared to the same period last year, according to new figures released by the Hays Board of REALTORS. Sales totaled 12 units in January, down from 13 units in 2011.
Existing homes sales in January totaled 12 units, down 7.7% from 13 units in 2011. The median sales price of existing homes last month was $116,125 compared to $120,000 in January 2011.
No new homes sold in the month January. In this same month last year, 0 new homes sold.
Posted in Uncategorized | Leave a Comment »
