Mortgage Insurance Costs Being Cut by $800 for 850,000 Americans

The Housing and Urban Development building in Washington, on Mar. 14, 2019. Charlotte Cuthbertson/The Epoch Times

U.S. mortgage insurance costs are being cut by $800 for 850,000 Americans.

Families buying their first home will be eligible to receive some relief from mortgage insurance payments, following an announcement by the White House on Feb. 23.