Items Tagged with 'FHA MIP'

ARTICLES

  • Realtors ask Trump to reinstate FHA mortgage insurance premium cut

    Estimates reduced MI premiums could bring in 40,000 new homebuyers
    The National Association of Realtors believes that the Trump administration’s recent decision to suspend a reduction in the Federal Housing Administration’s annual mortgage premiums will keep as many as 40,000 potential homebuyers from becoming actual homebuyers in 2017, and wants the premium cut reinstated “as soon as possible.”
    Read More
  • Industry reacts: Is Trump's suspension of FHA mortgage insurance premium cut good or bad?

    Suspended indefinitely
    The Department of Housing and Urban Development’s decision to suspend the reduction of Federal Housing Administration mortgage insurance premiums didn’t come as a shocker. But while the industry knew the uncertainty surrounding the situation, they’re left divided on the issue. How much disruption will this delay cause?
    Read More
  • Private mortgage insurance explodes, passes FHA

    PMI grabs market share from government
    Private mortgage insurance activity rose sharply in the second quarter, grabbing the lead in market share from the Federal Housing Administration for the first time since the first quarter of 2015, according to a client note from Compass Point Research & Trading. So does that mean it's more likely that the FHA could cut premiums again this year?
    Read More
  • Is the FHA about to cut mortgage insurance premiums again?

    Compass Point analysts set odds of additional cut at 60%
    The effect of last year's FHA premium cut was widespread and significant, as the FHA’s mortgage insurance business exploded in 2015. But is the FHA about to do it again? That’s the scuttlebutt around Washington, according to analysts from Compass Point Research & Trading, and the noise surrounding another cut is apparently getting louder.
    Read More