FHA Lowers Mortgage Insurance Premium Rates

FHA Lowers Mortgage Insurance Premium | Orlando Housing Market Report Good New/Bad News: Homebuyers received both good news and bad news this week. First the good news, FHA has lowered the rates for mandatory MIP insurance helping to decrease a borrower’s cost of caring for a loan. Now the bad news, mortgage rates continued to push higher closing in on the 7% rate mark. How will this affect the Orlando Housing Market? Join Joseph Dionne of Appli Home Loans and I Thursday morning at ten o'clock as we look at the latest economic factors affecting the housing market. Is now the best time to buy before the spring influx of buyers? We will try to answer all these questions and more…or Check Link In Bio DID YOU ENJOY? SUBSCRIBE HERE: https://bit.ly/orlbuzz Need Help Buying orSelling Real Estate In Florida? Email us with questions and your contact information Joseph Dionne Managing Partner Appli Home Loans www.applihl.com Brenden Rendo [email protected] The Homes In Orlando Team NextHome Neighborhood Realty www.HomesInOrlando.ForSale 00:00 Introduction 00:34 FHA Lowers MIP Rates 04:02 VA Funding Fee Cut 06:36 Mortgage Rates Jump 10:04 Orlando Weekly Housing Numbers 13:29 Barry Habib is wrong 16:20 Low inventory Helping sellers 17:37 75% of Homeowners have rates 3% or below 20:07 Days on market still high 21:00 Buyers need to consider rate buy down Follow Brenden Instagram: Brenden Rendo (@homesinorlandoforsale) • Instagram photos and videos Facebook: https://www.facebook.com/Brenden.Rendo.Realtor LinkedIn: https://www.linkedin.com/in/homesinorlandoforsale/ Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309. #fhaloan #fhanloans #mortgagerates #mortgageratestoday #inflation #fed #housingmarket #orlandofl #orlandorealtor #orlandorealestate #homesinorlandoforsale #orlandorealestateagent #orangecountyfl #homesales #homesellers #homesforsale #homesforsaleinorlando #mortgagerates #realestate #realestatenews #newhomes #newhomesales #realestateinvestor #investmentproperties #appli #nexthome #housingmarket2022 #orlandohousingmarket