News
◂ Back to News
Monthly Mortgage Insurance on FHA loans will drop by almost half
Posted on January 12th, 2015 by Underwood Mortgage Group
![](http://smsold402.smsold.com/clients/11234/uploads/61_image001.png)
Starting January 26, 2015, monthly mortgage insurance (MIP) on FHA loans will drop by almost half. In two weeks, borrowers utilizing FHA financing will be able to afford a lot more house!