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What Biden’s FHA mortgage fee cut means for buyers

Por: The Hill Politics February 28, 2023

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First-time homebuyers already feeling the pinch of inflation could catch a break after a recent action that will trim mortgage insurance premiums on federally backed loans.  Loans secured with the backing of the Federal Housing Administration typically enable buyers who are otherwise unable to afford a home to compete in the market without putting up a hefty down payment of at least 20 percent.  , and 80 percent of this swath of buyers... + full article



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