{"id":897,"date":"2012-03-08T20:34:25","date_gmt":"2012-03-08T20:34:25","guid":{"rendered":"http:\/\/blog.topbev.com\/?p=897"},"modified":"2014-08-27T03:55:32","modified_gmt":"2014-08-27T03:55:32","slug":"white-house-lowers-refinancing-fees-for-fha-backed-mortgages","status":"publish","type":"post","link":"https:\/\/blog.topbev.com\/?p=897","title":{"rendered":"White House Lowers Refinancing Fees for FHA-Backed Mortgages"},"content":{"rendered":"<p><span style=\"font-family: Times New Roman; font-size: 12pt;\">The second method of the Administration&#8217;s recent acts to alleviate the down-trodden U.S. housing market applies to borrowers with FHA-backed mortgages. These borrowers will <a href=\"http:\/\/www.east-inflatables.com\/Cheap-Inflatable-Tents-8-b0.html\">inflatable tent<\/a> be able to refinance their mortgages to secure lower interest rates while paying a lesser up-front charge for the mortgage insurance premium.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Times New Roman; font-size: 12pt;\">The White House will drop the charge to .01% of the borrower&#8217;s loan balance from the current 1% charge.  Borrowers with a mortgage origination date prior to June 1, 2009 will be able to take advantage of this. In addition, the annual fee for refinancing will be cut to .55% from the current 1.15%.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Times New Roman; font-size: 12pt;\">The Administration expects borrowers who take advantage of these initiatives to save approximately $1,000 annually. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The second method of the Administration&#8217;s recent acts to alleviate the down-trodden U.S. housing market applies to borrowers with FHA-backed mortgages. These borrowers will inflatable tent be able to refinance their mortgages to secure lower interest rates while paying a lesser up-front charge for the mortgage insurance premium. The White House will drop the charge &hellip; <a href=\"https:\/\/blog.topbev.com\/?p=897\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">White House Lowers Refinancing Fees for FHA-Backed Mortgages<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[40,29,3,61],"tags":[],"class_list":["post-897","post","type-post","status-publish","format-standard","hentry","category-closing","category-mortgages","category-real-estate-law","category-short-sales"],"jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.topbev.com\/index.php?rest_route=\/wp\/v2\/posts\/897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.topbev.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.topbev.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.topbev.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.topbev.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=897"}],"version-history":[{"count":4,"href":"https:\/\/blog.topbev.com\/index.php?rest_route=\/wp\/v2\/posts\/897\/revisions"}],"predecessor-version":[{"id":958,"href":"https:\/\/blog.topbev.com\/index.php?rest_route=\/wp\/v2\/posts\/897\/revisions\/958"}],"wp:attachment":[{"href":"https:\/\/blog.topbev.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.topbev.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.topbev.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}