Anonymous wrote:
Anonymous wrote:Wow, this is timely. I was just sent an alert to review my escrow statement. As I was reviewing my account, (not statement), I noticed my FHA will expire August 1.
We purchased in 2015, and re-fied in 2016 in hopes of eliminating PMI, but no such luck. My wife's spending and credit are a shit-show. Here's hoping we can drop it.
Our purchase price was $710, and we owe $555, so we're actually at having 22% equity/78% owing.
I've had nothing but bad luck in 2018, so it probably always shows that it's expiring for some technical reason, I've never looked closely.
Has your home’s value gone up? The purchase price at this point is irrelevant.