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Home Buyers Get a Rare Price Break on Mortgage Insurance Premiums

It's good to hear that some home buyers will finally get a break. Mortgage insurance premiums are slated to go down by 0.25% on Federal Housing Administration–insured loans that close on or after Jan. 27, the agency announced on Monday. (Buyers who don't put down at least 20% on their homes are typically required to pay the monthly--and often costly--mortgage insurance.)

A quarter of a percentage point may not sound like much, but it's expected to save new homeowners an average of $500 a year.

So when you are ready to buy a home or condo in Angel Fire or Taos we are here to assist you in all your Real Estate needs in Taos or Angel Fire. Are you looking to build your dream home we have many lots or larger parcels to choose from in Taos and Angel Fire. If you cannot locate the house, condo or land you desire, on our website, you can access the Taos/Angel Fire MLS from our website. We are dedicated to bringing you the best in Real Estate throughout the Enchanted Circle. For your Real Estate needs in Taos call us at (575) 758- 5852.Looking to buy or sell Real Estate in Angel Fire our number is (575)377- 2626. Our warm and inviting staff of knowledgeable agents go that extra mile to find exactly what you desire. To speak directly to a broker call Paula at 575-770-3306. We are here to welcome you to our growing community.

Information obtained from Realtor.com

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