The National Association of Mortgage Brokers is urging the Federal Housing Administration to end its lifetime mortgage insurance rule, allowing borrowers to cancel premiums once their loan reaches 78% ...

The move could save FHA borrowers about $181 on monthly payments, says BAC Co-founder and Chief Advocacy Officer Brendan McKay Introduced Sept. 19, 2025, by Reps. Gregory Meeks (D-N.Y.) and Pete ...

Alleviating the country’s housing challenges looks to be top of mind for the Trump administration. In an executive order signed by the president on his first day back in office, Donald Trump called ...

FHA loans require an upfront mortgage insurance premium (MIP) of 1.75% of the base loan amount, which can be rolled into the loan. There’s also an annual premium, which is divided by 12 and added to ...

The FHA streamline refinance program makes it easier and cheaper for borrowers who have a Federal Housing Administration-insured mortgage to refinance their loans at lower rates. FHA streamline ...

Federal Housing Administration (FHA) loans are aimed at lower-income borrowers and are backed by the federal government. (iStock) The annual mortgage insurance premium (MIP) for FHA loans will ...

The trade group U.S. Mortgage Insurers (USMI) is calling for the modernization of the Federal Housing Administration’s “capital ratio,” arguing that the program should be held to the same standard as ...

Mortgage insurance premiums (MIPs) are a type of insurance paid to the Federal Housing Administration (FHA) for certain mortgage loans. If you can buy a home with a Federal Housing Administration (FHA ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Ebony Howard is a certified public accountant and a ...