It is THE best time for First Time Home Buyers to be purchasing today….
Not only are down payments starting to decrease,
but FHA mortgage insurance premiums are going to be lessened.
And this is the amount of money someone can save based on a $200,000 mortgage every month, over a year, over
five, ten and over 30 years. So we can see that right now is a great time to buy a house, especially with an FHA
mortgage because it’s cheaper than it was a year ago.