Yesterday the FHA announced they are lowering their annual mortgage insurance premium from .85% to .60%. Today Joe and Mike cover what this means for people in Silicon Valley where homes average around $1million. How will this affect first time buyers when national statistics predict they will make up a majority of the market this year? Who else might benefit from an FHA loan apart from first time buyers? Also in discussion:
- Five Real Estate Trends That Will Shape 2017
- Where is the best place to buy investment property?
- What to look for in an investment market?
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