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Home / News / Banking and Finance / FHA upping costs as fund balance falls below 2 percent (access required)

FHA upping costs as fund balance falls below 2 percent (access required)

It’s been two years since the upfront mortgage insurance premium was lowered. And today, the FHA’s Mutual Mortgage Insurance Fund balance is below 2 percent of what is needed to pay off all the outstanding loans the FHA guarantees.

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