Tag: MIP

HUD Mortgage Insurance Premiums Reduction Indefinitely Suspended

[This is an update to our previous blog post here] Merely moments after being sworn in as our nation’s 45th President, President Trump’s HUD indefinitely suspended the MIP reduction of 25basis points, that was scheduled to begin on January 27th.

HUD Lowers Mortgage Insurance Premiums for Most FHA Loans

by I Am Benchmark

[UPDATE – According to Housing Wire, This reduction has been indefinitely suspended mere minutes after Donald J. Trump was sworn in as the 45th President of the United States of America.] The Department of Housing and Urban Development announced on Monday that they plan to reduce the Mortgage Insurance Premium for FHA mortgage loans. Since 2012, …