The National Association of Realtors (NAR) continues to make the case that the Trump administration should reinstate a cut to the insurance premiums on Federal Housing Administration (FHA) loans. Its latest study suggests that cheaper FHA mortgages could be a big help to borrowers in Trump country.
The administration’s move to cancel a 25 basis point cut will affect both high-cost areas, the trade group said, but also wide-swaths of rural and small-town America where FHA use is the highest and where Donald Trump had a strong base of election support.