FHA Premiums were getting out of control. This is great news for the Residential Real Estate & Mortgage Industry.
http://dsnews.com/news/01-07-2015/report-president-announce-reduction-fha-premiums
http://www.mpamag.com/mortgage-originator/obama-to-announce-cut-in-fha-premiums-20819.aspx
**Post Update**
1-7-15 @ 1:29pm
Annoncement of HUD’s plan to lower FHA Mortgage Insurance Premiums has been confirmed
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