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Home » Store » News » Worth Noting

Worth Noting

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The Senate last week approved H.R. 5981, which allows the Federal Housing Administration to increase its annual mortgage insurance premiums for single-family home loans to 1.55 percent from the current 0.55 percent. The FHA also plans to raise annual premiums for Home Equity Conversion Mortgage loans to 1.25 percent from 0.50 percent. Congress’ quick action will yield...
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