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What you need to know about Trump’s reversal of the FHA mortgage insurance rate cut – Lower mortgage insurance premiums can make FHA mortgages more affordable. and anyone buying or refinancing with an fha-backed mortgage loan in the future. Had the rate cut remained in effect,
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FHA to Cut Fees, Lowering Rates for First-Time Home Buyers – The Obama administration cut mortgage-insurance premiums charged under a government program that’s popular with first-time home buyers with little money for a down payment, a move that may ease the.
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Trump's First Move as President: Screwing Over Homeowners. – Trump’s First Move as President: Screwing Over Homeowners The administrative order will end Obama’s efforts to cut premiums on FHA-insured home loans.
It's official: Obama to direct FHA to cut mortgage insurance. – Community lenders call on FHA to cut mortgage insurance premiums, again Is the FHA about to cut mortgage insurance premiums again? Trey Garrison was a Senior Financial Reporter for HousingWire.com.
Trump Administration Suspends Mortgage Premium Rate Cut – The freshly-inaugurated trump administration has halted a cut to the FHA mortgage insurance premium that Obama’s team announced during his final days in office. The Department of Housing and.
After mortgage-rate spike, FHA to cut insurance premium. – The agency estimates this cut will save borrowers an average of $500 per year, and projects approximately 1 million people will take out an FHA mortgage in 2017. FHA noted that the premium.
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FHA Buyers Could Save an Average of $446 Annually with. – FHA Buyers Could Save an Average of $446 Annually with Proposed Mortgage Insurance Premium Cut. Among 444 counties with a population of at least 100,000 and sufficient home price data for sales using FHA loans, those with the biggest potential annual savings resulting from the premium reduction would be Santa Clara County (San Jose),
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As Trump takes over, U.S. ends plan to cut mortgage premiums – The Trump administration, hours after taking office on Friday, suspended a plan to cut mortgage insurance premiums on federally insured home loans that the U.S. government had estimated would save.