FHA commissioner: Mortgage insurance premium cut not likely in 2018

The Federal Housing Administration broke a few hearts last year when it announced back in November that there would not be any cuts to its mortgage insurance premiums after its flagship insurance fund turned in a weaker-than-expected performance in fiscal year 2017. Those holding out hope for a cut to the FHA’s MI premiums this year should not be holding their breath, the FHA’s newly minted…

FHA commissioner: Mortgage insurance premium cut not likely in 2018
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