One of the first things President Donald Trump did after being sworn in was suspend a planned cut in mortgage insurance premiums for Federal Housing Administration loans. Democrats favored the cut as a way to make homes more affordable. Republicans worried lower premiums would increase the risk of a bailout.
The move will cost some homeowners hundreds of dollars a year. And it’s just the beginning. There are many other ways the new administration could impact housing in the days ahead.
Click the above audio player to hear the full story.
“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VABEFORE YOU GO