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Any Home Buyers out there looking at using an FHA loan to buy their new home? If so you need to do it right away! Effective June 3, 2013 FHA is going to take away your ability to drop the monthly mortgage insurance. Mortgage insurance will be mandatory for the entire time you have the loan. For more information check out this article from Housing Wire.com http://www.housingwire.com/news/2013/01/30/fha-raises-mortgage-insurance-life-loan


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