Notable win
A housing order targets closing costs
A signed Oct. 22 order directs agencies to pilot automatic cancellation of mortgage insurance, expand a title-insurance waiver, lower USDA and VA direct-loan rates and form a manufactured-housing task force.
Why you should care
Mortgage insurance and title fees add real money to buying or refinancing a home. The order is a set of directions to agencies, many of them conditional, with no dates or dollar figures, so no family has saved anything yet.
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