| BREAKING NEWS: Obama Announces FHA Loans To Get Less Expensive? | |
| - FHA to reduce annual mortgage insurance premiums by $900 per year for the average first-time homebuyer. - Mortgage insurance savings applies for new home purchases or existing home refinance FHA loans - More than 800,000 FHA borrowers are projected to take advantage of these lower rates this year - Lowered premiums will create opportunities for 250,000 new homeowners to purchaes a home in the next three years | |
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