The Federal Housing Administration surprised some in the housing industry on Monday by reversing course and announcing plans to cut its annual #mortgage insurance premiums, less than two months after saying there were no plans for further cuts. Reactions to the FHA’s announcement varied from welcoming the cuts to wondering why it took the FHA so long to make the move. http://www.housingwire.com/articles/38905-housing-industry-welcomes-fha-mortgage-insurance-premium-cut ❤️ #share #mortgage
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