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Well, THAT was quick! In less than a month, the FHA has suspended the cut to FHA Mortgage Insurance Premiums (MIPs).
HUD Suspends Cut to FHA Mortgage Insurance Premiums
2017-01-20 18:18:43.242 GMT
By Jesse Westbrook
(Bloomberg) — The Department of Housing and Urban Development announced the suspension in a letter to mortgage
.* Fee cut for loans issued on or after Jan. 27 suspended “indefinitely,” letter says
* Obama administration had announced cut to FHA insurance premiums earlier this month
That was quick!