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Frank Yan of Sacramento posts an article from CNN MoneyRelated article: Market Update The Federal Housing Administration, which is the largest insurer of low-down payment mortgages, announced Wednesday that it will raise premiums by 10 basis points, or 0.1%, onmost of the newmortgagesit insures.Translation: A borrower opting for a 30-year, fixed-rate mortgage who puts 5% [...]Source: http://frankyansacramento.com/blog/frank-yan-of-sacramento-posts-fha-to-hike-premiums-on-mortgages/
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