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NEWS

HUD decreases MIP fees

Posted by Scott McElmurry on Jan 9, 2017 4:31:00 PM

Mortgage Insurance Premium Reductions

 

This morning HUD announced a 25 basis point reduction in the annual MIP fee effective for loans with a closing/disbursement date on after January 27, 2017.

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Topics: mortgage insurance first-time home buyer FHA Loans