Homeowners Pay Less in Mortgage Insurance Premiums with FHA Reduction

New cuts in FHA Mortgage Insurance Premiums save homeowners more on their monthly mortgage payments. Move may spur refi’s and make housing more affordable. January 9, 2017 (Independence, Ohio)  The Federal Housing Administration announced today they would reduce the annual premium that borrowers pay on mortgage insurance, a move that could affect more than 1 … Continued