On February 22, the Department of Housing and Urban Development (HUD) announced a 30 basis point reduction (.3% of the loan balance) to the annual mortgage insurance premiums (MIP) charged to homeowners with a mortgage insured by the Federal Housing Administration (FHA).

You have the power to opt out of your contact information being sold as a Trigger Lead to credit bureaus with these two steps. But act now - it must be done before you apply for your loan!