The Federal Housing Administration (FHA) on Wednesday morning announced a 30 basis point reduction in the annual premium charged to mortgage borrowers. The cut, widely anticipated by the industry, ...

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% ...

If you take out an FHA loan, you’re required to pay FHA mortgage insurance premiums (MIP). FHA MIP includes an upfront premium, typically paid at closing, and annual premiums. The cost of the annual ...

In welcome news for the industry, lenders and developers, on September 23, 2025, the Federal Housing Administration’s (FHA) Office of Multifamily Housing Programs published a Federal Register final ...

Lowering the MIP with a focus on FHA’s recurring “annual” premium will increase homebuyers’ purchasing power. This will afford them the opportunity to become homeowners and build generational wealth.

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 ...

If you got your FHA loan after the year 2000, you may be able to cancel your FHA mortgage insurance. If you got your loan before 2000, you’ll continue to pay the premiums in most cases. If your loan ...

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 ...

Americans struggling to make their mortgage payments likely helped save Americans struggling to repay their student loans.

The real estate industry has a trade-off between consumers and lenders. Consumers can get a mortgage with a small down payment, but lenders are then protected with buyer-paid mortgage insurance that ...