If the tax credits aren't enough reason to buy a home, changes coming soon to FHA loans may be! 

On April 5th, the cost of required up-front mortgage insurance for loans guaranteed by the FHA will increase from 1.75% to 2.25%. For a borrower purchasing a $200,000 home with a $7,000 down payment, the up-front mortgage insurance will increase by $965. Up-front mortgage insurance is typically financed in the final loan amount so the impact to a monthly payment will be minimal but overall, the increase is still borne by the borrower both upfront and monthly. Save money buy buying now!  Contact Cool Denver Homes for more info:  www.CoolDenverHomes.com or Rachel@CoolDenverHomes.com 303-963-5335