News

As property taxes and homeowner insurance premiums continue rising, homeowners are struggling to keep up with their mortgage ...
A sharp rise in homeowners-insurance premiums is connected to rising levels of financial distress, especially among first-time buyers.
The current average mortgage rate on a 30-year fixed mortgage is 6.75%, according to the Mortgage Research Center. The ...
President Donald Trump's tax and spending bill revives and expands homeowner tax breaks — while making the current mortgage ...
Reinstated mortgage insurance premium deductibility and a higher cap on state and local tax deductions could change whether ...
Since the suspension of mortgage insurance premium cuts back in January, the Trump administration has been silent on any plans to ever bring it back. But that silence finally broke on Tuesday when ...
The FHA is set to reduce the annual mortgage insurance premium – the monthly fee to insure the mortgage – from 0.85% to 0.55% for most new borrowers seeking a mortgage insured by the agency.
Inflation may be making just about everything more expensive, but mortgage insurance premiums on FHA loans are going down. FHA loans, often used by first-time homebuyers, typically only require a ...
Cutting mortgage insurance premiums by 25 basis points would be an “easy layup,” said Robert Zimmer, a spokesperson for Community Mortgage Lenders of America, a trade association that lobbies ...
Think about it, if reducing monthly mortgage insurance premiums by just 50 basis points can have such a dramatic impact on purchase loan volume, imagine if the Up Front Mortgage Insurance Premium ...
FHA upfront mortgage insurance premium: 1.75 percent of the loan amount. FHA annual MIP: Varies based on the size, term and loan-to-value (LTV) ratio of the loan.