The real estate industry has a trade-off between consumers and lenders. Consumers can get a mortgage with a small down payment, but lenders are then protected with buyer-paid mortgage insurance that ...
The Federal Housing Administration announced Monday that it will reduce the annual mortgage insurance premium (MIP) on certain forward mortgages by a quarter of a percent. While there are no immediate ...
The Federal Housing Administration (FHA) on Wednesday morning announced a 30 basis point reduction in the annual premium charged to mortgage borrowers. The cut, widely anticipated by the industry, ...
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