Get the facts on increases in FHA fees

Federal Housing Administration plans to increase fees for loans it backs. The proposal could add as much as $5 a month to the average homebuyer’s payments, according to estimates.

This video by the National Association of REALTORS® explains the policies driving the government’s decision, and the financial situation the agency finds itself in.

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About Jon Broadbooks

Jon Broadbooks is Vice President/Communications for Illinois REALTORS®. He serves as editor of online and print content for the association’s communications including the Illinois REALTOR® magazine and e-newsletters. He conducts spokesperson training seminars and oversees website development for the Association.

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