Roanoke Valley Virginia Home Buyers Beware.....FHA Guidelines are Changing October 4th!

Roanoke Valley Virginia Home Buyers Beware.....FHA Guidelines are Changing October 4th!

Any and everyone considering buying a home in and around the Roanoke Virginia area should beware that the FHA guidelines for PMI are changing effective October 4th 2010. PMI will go up considerably in a week or so, if you are considering buying a house anytime in the next month and a half, do yourself a favor and talk to your lender ASAP!

You don't have to close on your new Roanoke VA home prior to the 4th of October, you only have to have your lender get you your FHA Case Number on or before the 4th.

Interest rates are still in the 4-5% range which is incredible in itself.....with most rentals in the Roanoke Valley going over $1,000.00 per month, most Roanoke Virginia home buyers can purchase a home up to about $140,000-150,000 and not go over that!

Call or email today for more information!