Category: FHA

Mortgage Insurance Costs Being Cut by $800 for 850,000 Americans

U.S. mortgage insurance costs are being cut by $800 for 850,000 Americans. Families buying their first home will be eligible to receive some relief from mortgage insurance payments, following an announcement by the White House on Feb. 23. Vice President Kamala Harris announced the new program during an event in Maryland on Feb. 23 along…


Strong Government Refinancing Results in Mortgage Applications Increasing: MBA

Mortgage applications increased two percent compared to a week earlier driven mainly by an increase in government refinancing, according to data collected from a Mortgage Bankers Association’s (MBA) survey collected for the week ending Dec. 3. The surge was primarily due to the refinance index increasing nine percent from the prior week on a seasonally…


Biden Nominee’s Deleted Tweets ‘Raise Serious Concerns’ About Fitness to Serve, GOP Senator Says

President Joe Biden’s nominee to lead the top federal housing deleted several tweets disparaging law enforcement and Republicans, the Senate Banking Committee’s ranking member said. Republican Sen. Pat Toomey urged Julia Gordon, who President Joe Biden nominated to lead the Federal Housing Administration (FHA), to assist him in recovering her deleted tweets in a letter…