| Mar 6, 2012 2:32PM President Obama today announced changes in fees charged to FHA-insured borrowers who wish to refinance into another FHA-insured mortgage as well as significant compensation to servicepersons and veterans who may have suffered financial harm due to mistakes by lenders. Borrowers with FHA-backed mortgages who use FHA's streamlined refinancing program are currently charged an up-front mortgage insurance premium of 1 percent of the outstanding loan balance and an additional 1.15 percent as an annual... Mar 6, 2012 2:44PM Mortgages Rates improved slightly today after rumors circulated regarding Greece's private bond swap efforts. Today's improvements tip the scales of the Conventional 30yr Fixed Best-Execution rate back slightly in the favor of 3.875%. More of the lenders in our daily survey stood at 4.0% yesterday. In many cases, the rate you would have been quoted yesterday and the rate you're likely to be quoted today will be the same, with the improvements being seen in the borrowing costs as opposed to the rate...
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