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FHA MIP Reduction

Federal Housing Administration (FHA) Announces Mortgage Insurance Premium Reduction for all FHA Loans  March 27th, 2023 | Tom Theewis  In late February of this year, the U.S. Department of Housing and Urban Development (HUD) announced that it will be reducing…

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What is a 2-1 Buydown?

With interest rates still at a high, temporary buydowns have become an avenue that some sellers and buyers may consider. A 2-1 buydown program is a concession offered by sellers to incentivize buyers. A 2-1 buydown essentially allows borrowers to…

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