The National Association of Mortgage Brokers is urging the Federal Housing Administration to end its lifetime mortgage insurance rule, allowing borrowers to cancel premiums once their loan reaches 78% ...
The move could save FHA borrowers about $181 on monthly payments, says BAC Co-founder and Chief Advocacy Officer Brendan McKay Introduced Sept. 19, 2025, by Reps. Gregory Meeks (D-N.Y.) and Pete ...
Federal Housing Administration (FHA) loans are aimed at lower-income borrowers and are backed by the federal government. (iStock) The annual mortgage insurance premium (MIP) for FHA loans will ...
Mortgage rates showed little to no movement on Monday, with 30- and 15-year fixed rates holding steady, and 5/1 ARM rates up a hair, according to a NerdWallet survey of mortgage rates published by ...
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