The Federal Housing Administration will reduce its annual mortgage insurance premium from 1.35% to 0.85%, the White House announced Jan. 7.
Add the National Association of Realtors to those encouraged by the FHA's annual premium cut on its mortgage insurance.
Groups say measure will go a long way towards helping many Americans become homeowners.
The reduction from 1.35% to 0.85% will save the typical first time home buyer $900 per year, the White House says.
National Association of Realtors asks Congress to help make loan process easier for first-time home buyers.
Learn three ways experts say credit unions can help returning service members improve their financial lives.
Golden State credit union leaders gather in Los Angeles this week for their league's annual meeting and convention.
LAS VEGAS — Don’t expect any legislative changes until 2017 due in part to improved performance.
Sarah Moore was CFO leading up to one of the largest bank failures in U.S. history.
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.