🚨 BIG MORTGAGE NEWS! 🚨 The Federal Housing Administration is cutting insurance costs for FHA loans. This means more buying power AND lower monthly payments for new FHA borrowers. The reduced costs could save a family up to $800 a year! If you’ve been thinking about buying and financing with an FHA loan, there’s literally never been a better time. 🏠💵 If you need a refresher, FHA loans are government-backed loans that provide an alternative to conventional financing for borrowers who may lack credit, a down payment or are unable to cover closing costs. Reach out to a Movement loan officer today to see if an FHA loan is right for you, and take advantage of some serious savings! 💰 #MovementMortgage #mortgageupdate #mortgagenews #fhaloans #loanupdate #mortgagetips #savings #homebuying #realestate