FHA's Lower Premiums Boost Loan Demand

In January FHA decreased its annual premium by 50 basis points.  This reduction has helped fuel the increase in new loans, which can also be attributed to an improving economy and falling delinquency rates.

Read more about it:  FHA's Lower Premiums Boost Loan DemandRecent actions by the Federal Housing Administration to reduce its mortgage insurance premiums have contributed to a big spike in its loan volume... [Nar Daily News Magazine]