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Released: January 22, 2017
HUD suspends FHA mortgage insurance rate cut
Source: Andrew Khouri - L.A. Times (Paid Registration)
An hour after Donald Trump assumed the presidency Friday, his administration indefinitely suspended a pending rate cut for mortgage insurance required for FHA-backed loans, which are popular with first-time home buyers and those with poor credit.
Read Full Article: HUD suspends FHA mortgage insurance rate cut
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