Tag: mortgage insurance premium

2022 FHA Mortgage Insurance Reduction

2022 FHA Mortgage Insurance Reduction

FHA Mortgage Insurance Reduction: Update In an announcement that was made on January 9th, the FHA took another aggressive step by introducing the 2022 FHA Mortgage Insurance Reduction of 0.25%.  This will bring the FHA Mortgage Insurance Premium from 0.85% to 0.60% and it also reflects the second such decrease in as many years.  This

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White House Suspends FHA MIP Reduction

White House Suspends FHA MIP Reduction

White House Suspends FHA MIP Reduction: Housing Market Reacts Well this didn’t take long and after President Trump was in office for less than 1 hour the White House Suspends FHA MIP Reduction (Mortgage Insurance Premium).  If you haven’t read my article on the FHA MIP reduction and the positive affects it was going to have

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