HUD plans to raise annual premiums for FHA-insured loans by 25 basis points in April. Included in President Obama's budget proposal for fiscal year 2012, the change will boost the premium to 115 basis points on FHA-backed single-family loans with loan-to-value ratios above 95 percent.

FHA has the authority to hike the premium without congressional approval, says HUD Secretary Shaun Donovan.

Source: Higher Premiums on FHA-Insured Loans, American Banker, Brian Collins