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?
If you wish to contact Joe Cucchiara or any of our other hosts, simply visit www.RERadioLive.com. We also provide additional information to help you make smart decisions in and around your real estate venture.