Anyone here have mortgage insurance?

Yes, Trump canceled a cut in the FHA mortgage insurance rates because the country cannot afford it. This has nothing to do with private mortgage insurance, which most responsible people carry if they do not have enough equity. That brings up another question.

Should the government be subsidizing home buying for anyone? I wish he would eliminate the entire FHA mortgage program. If you can't put 10% down on a home, you don't need to buy a home.

I mean, you can buy a home with an FHA mortgage with 3.5% down payment. That's absurd.

You must have loved you some 2008 and the housing collapse...

I planned from an early age, worked hard, saved my money, invested wisely, lived within my means and my house is paid for.

I don't expect or need the gubment to give me handouts.

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If you can't put 10% down on a home, you don't need to buy a home.

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well that is very short sighted of you. Guess i would not have been able to purchase my home unless i lived with my parents for a couple year.

Good thing i only had to put 3 percent down and was able to move out and provide for myself. Silly of me to want a home of my own

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Yes, Trump canceled a cut in the FHA mortgage insurance rates because the country cannot afford it.

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a proposed cut, Obama only issued that cut a week or so ago, it hadn't even taken effect

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I agree that the government should get out of the loan business altogether, that includes student loans.

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Fannie and Freddie are only quasi government, and there's a need for HUD although I think it's overstepped it's bounds.

Nope.
House(s) are paid for.
MAGA

This actually doesn't effect anyone. The cut hadn't been implemented yet. Nothing has changed.

he didn't raise anything, he cancelled a planned .25% cut. People are using hyperbole to make it sound much worse than it is. If you have a $250,000 mortgage, you won't save that extra $27 a month. Oh the horror.