FHA fees to increase today

According to the National Association of REALTORS®, the upfront insurance premium for FHA-insured mortgages will increase .75 percentage points today from 1 percent to 1.75 percent.

Annual FHA insurance premiums will go up a tenth of a percentage point.

Lear more here and here.

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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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