Latest / Chrisman Commentary - Daily Mortgage News
10.23.26 Trump's Executive Order; Former FHA Commissioner Frank Cassidy on Housing; Price Correlations
President Trump’s executive order aims to reduce housing and mortgage costs by directing federal agencies to develop a pilot program for proactive mortgage insurance cancellation, make the title insurance waiver pilot permanent, lower direct USDA and VA mortgage rates, and establish a task force to improve manufactured housing affordability. However, the order is not a law, and its real-world impact will depend on subsequent agency guidance and implementation; potential benefits, including estimated refinance savings of $2,390 on an illustrative $500,000 loan, are not guaranteed or…
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