Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20.
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In the wake of this new rule, FHA borrowers will have a choice between federal flood insurance and private flood insurance.
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The U.S. Department of Housing and Urban Development has released its first Equity Action Plan, with the goal of narrowing the racial homeownership gap.
The post HUD releases first Equity Action Plan appeared first on Atlanta Agent Magazine.