Great news to home buyers. This is an important step in making homeownership more affordable.
Buyers can now save money off their monthly payment when qualifying for an FHA Loan.
“…lower premiums will expand homeownership opportunities by lowering mortgage payments for qualified FHA borrowers, providing critical relief from the steep rise in mortgage rates and home prices just in time for the spring buying season.”
Read the full resource article here:
https://nationalmortgageprofessional.com/news/fha-cut-mortgage-insurance-premium-30bps