STATEMENT: On First Day in Office, Trump Makes it More Expensive for Americans to Buy a Home – Center for American Progress
.entry-header Washington, D.C. — After being sworn into office today, the administration of President Donald Trump moved to raise Federal Housing Administration, or FHA, premiums for new homebuyers by 25 basis points. This action, which reverses an Obama administration move to lower premiums by 25 basis points, will cost a new homebuyer an additional $500 on their…