Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts

FHA Insurance Premiums Could Triple

Many consumers are already paying high home insurance premiums thanks to a number of factors, but those payments might increase even more sharply thanks to a new measure from Congress.

Late last week, the House approved an increase in annual premiums paid by those who insure their homes through the Federal Housing Administration. According to a UPI report, those increases would nearly triple the current rates. The Senate has yet to vote on the bill.

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