"Thanks Gary. Does 5.5% seem like a reasonable APR then?"
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"Maybe someone can help me. I locked last week at 5% for a FHA loan. My APR is 5.5%. Is the APR high or is this a normal amount for the rate I locked? Thanks for any help. I just want to make sure nothings fishy."
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"If I get a FHA loan for 275,000, how much must I pay back before I can get rid of the insurance? Must I refinance to get rid of it?"
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"What state are you in? Im in NJ and was quoted with a PMI of about $125/mo., possibly less with my excellent credit. This is with a FHA loan and only 3.5 down on a 275,000 loan."
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