Will FHA Mortgages Become Cheaper In 2016?

There’s a growing sense in Washington that the smartest people in finance are nestled together in the warm, cozy offices of the Federal Housing Administration (FHA). It’s difficult to name another federal program which has done so well during the past year, so naturally it’s fair to wonder what they will do in 2016. One possibility is a new and big FHA discount.

Will this really happen? To get to the answer we first need to look at some recent history.

With the collapse of the mortgage marketplace in 2007 and 2008 it was the FHA which literally saved the housing sector.

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