mortgage insurance premiums

Annual mortgage insurance premiums for Federal Housing Administration (FHA)-backed mortgages are lowering toward their pre-bust level, with FHA announcing on Monday another reduction, this time to 0.60 percent for most borrowers. The one-quarter point reduction is expected to save FHA-insured ... » Learn More about FHA Again Reduces Mortgage Insurance Premiums, Lowering Costs for 1 Million Households