US President Donald Trump has signed an executive order that could allow some American homeowners to stop paying mortgage insurance premiums, offering potential relief as borrowing costs squeeze household budgets.
The measure, signed on Thursday, 22 October, also targets refinancing fees and interest rates on certain government-backed home loans. However, eligibility for the proposed mortgage insurance relief will depend on borrowers meeting specific home equity requirements, raising questions about who could benefit and when the savings might begin.
