Panelists Project Mortgage Affordability in 2015
Four experts from the government, private, and nonprofit sectors shared their predictions about mortgage affordability during a seminar titled “Mortgage Insurance: Premiums, Capital, and Accessibility,” hosted by the Urban Institute.
According to the panelists, the new rules for Private Mortgage Insurers (PMIs) won’t raise mortgage insurance prices much, the guarantee-fees charged by Fannie Mae and Freddie Mac could be reduced, and whatever the resolution on remaining issues in the FHA, borrowers are likely to benefit.
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