Attention: June 11th is almost here!
June 11th is when the new FHA streamlined mortgage insurance rates become effective.
If you closed your FHA loan before May 31st of 2009 then you qualify for the new streamlined refinance rates of 0.55% Annual MIP, and the up front premium goes down to 0.01%!
This makes refinancing FHA loans closed before May 31st of 2009 a no brainer.
If you are in this category and want to save a boat load of money on your monthly MI – shoot me an email or give me a call and I can help you out!
Brett
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