Friday, January 20, 2017
Breitbarf News Update 3
The Looting Has Begun!
"The freshly-inaugurated Trump administration has halted a cut to the FHA mortgage insurance premium that Obama's team announced during his final days in office. The Department of Housing and Urban Development said Friday that the reduction to the annual mortgage insurance premiums borrowers pay when taking out government-backed home loans has been "suspended indefinitely." The cut, at a quarter of a percentage point, would have saved homeowners an average of $500 this year, according to the Federal Housing Administration. Borrowers with larger home loans would have seen an even bigger drop in their premium rate."
Why this? Because what is $500-bucks to a MAGGOT!
Posted by Green Mountain Boy at 7:16 PM