The Cost of Homeownership Goes Up for FHA HomebuyersMarch 8, 2011 | Category: For Buyers, News | Tags: chris sarman realtor, fha first time home buyer, fha loan increase, fha mortgage premium increase, first time home buyer reno, first time home buyer sparks, kelly jenson real estate agent On February 14th, 2011 HUD sent out Mortgagee Letter 11-10 in order to ensure that the FHA Mutual Insurance Fund will remain financially sound.