Revised FHA rule means bigger payments for homebuyers

06/6/2013 | Washington Post, The

A U.S. Federal Housing Administration rule that took effect this week will increase monthly payments of people who rely on FHA-insured mortgages to buy homes. The rule lengthens the period during which borrowers must pay premiums for their mortgage insurance. The FHA backs nearly 14% of the residential-mortgage market.

View Full Article in:

Washington Post, The

Published in Briefs: