Lock in Before October 4th 2010
FHA is giving homebuyers until October 4 to lock in a low monthly insurance premium. After this date premiums will go up 63 percent. A homebuyer purchasing a $200,000 home using a $193,000 FHA mortgage before October 4 would pay an insurance premium of $88.46 per month. The same buyer waiting until after October 4 would pay $148.01. Although the upfront mortgage insurance premium is going down, there is an actual net increase in out of pocket costs because the monthly premium is going up by 63 percent.
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AVERAGE SALE PRICE LAST 3 YEARS
AVERAGE DAYS ON MARKET LAST 3 YEARS
UNITS SOLD LAST 3 YEARS
AVERAGE SOLD PRICE TO ASKING PRICE RATIO LAST 3 YEARS
AVERAGE SALE PRICE LAST 3 YEARS
AVERAGE DAYS ON MARKET LAST 3 YEARS
UNITS SOLD LAST 3 YEARS
AVERAGE SOLD PRICE TO ASKING PRICE RATIO LAST 3 YEARS
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