Home » Tag Archives: HUD Secretary Julian Castro

Tag Archives: HUD Secretary Julian Castro

FHA mortgage holders getting half-percent cut on insurance premiums

An improved housing market has led the Federal Housing Administration (FHA) to reduce the annual mortgage insurance premiums new borrowers will pay by half of a percent. The premium cut is projected to save more than two million FHA homeowners an average of $900 annually and spur 250,000 new homebuyers to purchase their first home over the next three years, ...

Read More »