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  • Sources: Trump plans repeal of FHA mortgage insurance premium cut

    With President-elect Trump’s inauguration mere hours away, it appears that the Trump administration will do more than just “examine” the FHA premium cut once Trump is sworn on. According to multiple sources, the FHA premium cut, which is currently scheduled to go into effect on January 27, will be delayed, if not done away with entirely, by the incoming Trump administration.

Home-building rebound in 2011 a small matter

Home building is set for a rebound in 2011, with single-family housing starts projected to climb 21% to 575,000 units, the chief economist for the National Association of Home Builders said Wednesday. But the increase comes after a crash that has cut single-family construction 80% from its peak, meaning the gain won’t have much economic impact.

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