Update to FHA Mortgage Insurance Premiums

The Buzzz Presents Mortgage Insurance Premiums for FHA Financing Go up Oct 4th!

Here is a quick explanation and breakdown of the changes happening to FHA residential mortgages on Oct. 4th. Basically, Its going to get ore expensive. This is only the first of more increases we will see through 2011. If you or someone you know is looking for more information feel free to contact me and [...]

Motorists braced for rise in car insurance premiums

Motorists braced for rise in car insurance premiums
A mooted rise in insurance premium tax could heap more misery on motorists in George Osborne’s emergency budget Drivers who have seen the cost of car insurance rise substantially over the last 12 months are bracing themselves for further hikes if the coalition government increases insurance premium tax [...]

Are the up-front mortgage insurance premiums on FHA loans tax deductible?

This up-front mortgage insurance premium (MIP) was rolled/financed into my loan.
And if they are tax deductible, do I deduct all of it on the tax year I closed on my home? Or do I have to spread out the deductions over the lifetime of the loan?
Also, please provide a reference with your answer. I’ve done [...]

FHA, Part 2 | Mortgage Insurance Premiums

Jerry Fischkes explains Mortgage Insurance Premiums