The announced FHA mortgage insurance premium cut raises an important question: Are more reductions on the way? HUD lowered the FHA annual mortgage insurance premium (annual MIP) by .25 percent on January 9th, a move which is expected to save most new FHA borrowers $500 a year according to HUD. The new reduction is the […]
from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports http://ift.tt/2i9Uhop
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