There are several advantages to the 20% rule, including that it lowers your mortgage rate and increases your mortgage ...
The older couple was absolutely flabbergasted. They had just received their first reverse mortgage payment in the mail when, two days later, they got an offer for additional mortgage insurance. “We ...
A bevy of lawmakers, including the powerful vice chair of the U.S. House of Representatives' tax law writing committee, has introduced legislation seeking to restore the tax deduction for private ...
Alleviating the country’s housing challenges looks to be top of mind for the Trump administration. In an executive order signed by the president on his first day back in office, Donald Trump called ...
Financing costs for multifamily properties backed by Federal Housing Administration-insured mortgages have been slashed. Lew Sichelman Effective immediately, multifamily mortgage insurance premiums ...
Steep cost of homeowner’s insurance creating problems for lenders, buyers, and owners Homeowners are paying more for less insurance coverage, according to a new report, while some lenders report ...
HUD’s RFI on reverse mortgage programs highlights an industry focus on mortgage insurance costs and liquidity constraints.
On September 23, HUD issued a notice of proposed rulemaking (NPRM) to reduce the mortgage insurance premium (MIP) to 0.25 percent for all FHA multifamily insurance programs. If finalized, the new rule ...
Here's how Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAP There are several advantages to the 20% rule, ...
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