Lowering FHA insurance fees increased sales volumes and prices at the low end. Prices went up faster than incomes, so houses are less affordable.
Further, Last September I noted that High loan costs cause FHA originations to plunge; in fact, FHA financing is so expensive, it’s like taking out a ...
Lowering FHA insurance fees made housing less affordable
Wednesday, November 4, 2015
OCHN: Lowering FHA insurance fees made housing less affordable
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