FHA

New MIP Requirements Will Make Housing Payments More Affordable For Many

New MIP Requirements Make Housing Payments More Affordable For Many

By Embrace Home Loans Staff / February 22, 2023
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On Wednesday February 22, 2023, the Department of Housing and Urban Development (HUD) announced a decrease in the required mortgage insurance premium (MIP) on Federal Housing Administration (FHA) loans by 30 basis points. If you’re one of the many people…

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