HUD affordability plan doesn’t include lowering FHA premiums
Housing Wire
JULY 14, 2022
That’s significantly less than the average sales price of a new manufactured home without land, transportation, or set-up costs of $108,100 in 2021, according to researchers at the Urban Institute. But the FHA appears reluctant to reduce borrower fees on FHA financing, one tool in its toolkit numerous mortgage stakeholders have argued for.
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