Fence-Sitting Homebuyers Face FHA Fee Hike Deadline by Atlantic Int’l Partnership Funding Group

Atlantic International Partnership Funding Group commits to offering a comprehensive menu of partnership service advantages and solutions in the simplest format possible; offer the services at a competitive price and deliver the services at the highest level of excellence without exception.

Applications for FHA mortgages totaled 103,991 in January compared to 112,500 in December and 126,043 a year earlier.  The year-over-year figure reflects a drop of 17.5 percent.  There were 55,417 applications for mortgages to purchase homes and 41,178 to refinance.  This was a 3.4 percent decrease in purchase applications since December and a 21.6 percent change from January 2010.  Applications to refinance were down 12.1 percent quarter-to-quarter and 16.9 percent over the longer period.