FHA Mortgage

BREAKING: 

HUD Suspends FHA Mortgage Insurance Premium Cut

 

Shortly after Trump took office today, the Department of Housing and Urban Development (HUD) announced that it has suspended the reduction of Mortgage Insurance Premiums, effective immediately and indefinitely.

 

This doesn’t come as a big surprise, considering that “earlier this week, sources told HousingWire that the Trump administration would do more than just “examine” the FHA premium cut once Trump is sworn on.”

 

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