Biden Administration to Cut Mortgage ​​Insurance Costs for Lower-Income Buyers

Singapore News News

Biden Administration to Cut Mortgage ​​Insurance Costs for Lower-Income Buyers
Singapore Latest News,Singapore Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

The Biden administration is expected to trim costs under a mortgage program for first-time and lower-income buyers, as median home prices remain near record highs

WASHINGTON—The Biden administration is expected to trim costs under a mortgage program for first-time and lower-income buyers, a bid to boost affordability while median home pricesThe

Federal Housing Administration will reduce the fee borrowers pay to have their mortgages insured by the agency by about $800 a year on a typical loan, or 0.3 percentage point, the people said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DeSantis: Biden Administration's 'Blank Check Policy' on Ukraine Is UnacceptableDeSantis: Biden Administration's 'Blank Check Policy' on Ukraine Is UnacceptableGovernor Ron DeSantis (R-FL) Monday on FNC's 'Fox & Friends' that the Biden administration's 'blank check policy' on the war in Ukraine was not acceptable. | Clips
Read more »

The Biden administration’s junk-science-based plan to mandate coal-powered stovesThe Biden administration’s junk-science-based plan to mandate coal-powered stovesA member of the Biden administration admitted last year to planning a complete ban on natural gas-powered stoves through the Consumer Product Safety Commission. 'There is sufficient information available for CPSC to issue a [Notice of Proposed Rulemaking] in FY 2023 proposing to ban gas stoves in…
Read more »

Biden administration breaks down student loan relief applications by congressional districtBiden administration breaks down student loan relief applications by congressional districtThe U.S. Department of Education released a breakdown of federal student loan forgiveness applications by congressional district on Friday, providing a new window into the demographics of borrowers seeking relief across both Republican and Democratic-represented districts.
Read more »

Activists' Presidents Day message to Biden administration: 'Save Friendship Park'Activists' Presidents Day message to Biden administration: 'Save Friendship Park''We hope that President Biden has reflection about this,' Pedro Rios, director of the American Friends Service Committee, said. 'He has a choice to make, ultimately.'
Read more »

Link Administration in talks to settle regulatory probe, sell LFS unitLink Administration in talks to settle regulatory probe, sell LFS unitAustralia's Link Administration Holdings (Link Group) said on Monday that it is in advanced discussions to settle a probe into its UK-based Link Fund Solutions (LFS) unit and to sell the firm to Dublin-based Waystone Group.
Read more »



Render Time: 2025-03-10 11:18:21