FHA Just Reduced PMI Rates
Here's some trending news that you absolutely must know!
The FHA just reduced their MIP, which is your Mortgage Insurance Premium, from 0.85% to 0.55%.
This is absolutely HUGE.
As an example, on a $300,000 home, it's going to save you $800.00 a year.
If you have a higher priced property, it's going to save you even more.
This is going to help homebuyers get into a lower payment or a better property.
If you’re looking to sell in the Metro Atlanta area, or even outside of the Metro Atlanta area, then reach out to us, we’d love to help you!