Cuts are expected to save borrowers $678 million a year but don’t apply to existing loans or release homeowners who have built up equity from “life-of-loan” requirements.
Source: Inman News
Real estate industry welcomes FHA premium cuts, with caveats
Published in Buyers Tools, fha, FHA premiums, hud, kamala harris, Marcia Fudge, Mortgage, Nikitra Bailey, private mortgage insurance, Regulations, Select, Seth Appleton, Urban Institute and va
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