FHA fees keeping buyers out of market, groups say

05/7/2014 | Bloomberg Businessweek

Fee increases on Federal Housing Administration loans pushed an estimated 375,000 first-time buyers out of the housing market last year, according to the National Association of Realtors. The FHA says the fees, which have more than doubled since 2010, reflect the risks associated with insuring first-time and low-income buyers. Realtors and other groups have asked the FHA to rethink the fee.

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