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Home » Store » News » CBO: FHA Annual Premium Expected to Be 0.88%

CBO: FHA Annual Premium Expected to Be 0.88%

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With the added flexibility it would get under the FHA Reform Act passed this month by the House Financial Services Committee, the FHA is expected to raise the annual premium it charges to 88 basis points, up from the current 55 bp level. The bill, H.R. 5072, has not yet been scheduled for debate on the House floor. Information released by the House committee last week noted that along with the...
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