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Tag: fha borrowers

January 26, 2017

How will the FHA Mortgage Insurance Rate Cut Cancellation Affect Buyers and Sellers?

I was shocked when President Trump cancelled a planned rate cut for FHA mortgage insurance. My first thought was, why is he picking on homebuyers? The program has sufficient funds to cover losses if a large number of people default. If the insurance works with lower premiums why not lower them? I can’t explain why…

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