FHA Cuts Mortgage Insurance… this is not good news.

Yeah, cutting mortgage insurance is the last thing we need.

mortgage insuranceSo the mortgage insurance rates got cut again. Of course nobody seems to want to talk about what the money is for, or why the rates were raised a few years back. Why cover all those pesky facts that we seem to refuse to want to learn a lesson from. It’s just nuts. In todays show we are going to dissect this move and explain why on EVERY – SINGLE – LEVEL it is stupid and hurts more than it helps. Yeah, not even good for the folks who will want to do an FHA loan as a result. I cannot imagine how anyone who lived through the last downturn could possibly think that this move makes any sense. Particularly when this just increases the demand for homes in a market where there is already not enough supply to satisfy the number of buyers that are already out there. Join me in todays show for all the annoying details.

Please help the show by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show”. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate content? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222. When prompted, text your email address and you are in!

Click “Read More” below for links, and other info!


Links!


SPONSOR

Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

Subscribe to Audible! Claim your FREE month and 30 day trial!

#realestate #mortgageinsurance #fha #stupid #bubble

 

Leave a Reply

You must be logged in to post a comment.
%d bloggers like this: