Public Affairs Update

Public Affairs Update………………………………………………………..February 11, 2015

  • FHA Premium Drop Kicks In: Read FAQ’s
  • Last-Minute Closing Changes to Get Difficult
  • Private Sector Sees Solid Job Gains for January Despite Slower Growth
  • In Case You Missed It

 

FHA Premium Drop Kicks In; Read FAQs
The Federal Housing Administration's 50-basis-point mortgage insurance premium reduction has gone into effect. Stay on top of changes by reading the FHA's FAQs. [Source: NAR Weekly 02-04-2015]

 

Last-Minute Closing Changes to Get Difficult
Be prepared for some big changes to mortgage forms that take effect Aug. 1, which could make any changes that occur three days prior to closing much more challenging to complete without risking a delay. [NAR 02-05-2015]

 

Private Sector Sees Solid Job Gains for January Despite Slower Growth

ADP Research Institute reported the addition of 213,000 private sector jobs for the month of January on a seasonally-adjusted basis in its January 2015 National Employment Report released this week. »READ MORE [Source: DSNews.com 02-06-2015]

 

In Case You Missed