Middle Class Mortgage Insurance Premium Act of 2025

# Middle Class Mortgage Insurance Premium Act of 2025 (HR 2760) **What the Bill Would Do** This bill aims to reduce mortgage insurance premiums for middle-class homebuyers. Mortgage insurance is typically required when someone buys a home with a down payment of less than 20%, protecting lenders if the borrower defaults. The bill would make it easier for middle-class homeowners to eliminate this insurance or reduce what they pay for it, lowering their monthly mortgage costs. **Who It Affects** The primary beneficiaries would be middle-class homebuyers and current homeowners with mortgages that require insurance. This could help people who struggle to afford the upfront costs of homeownership or want to reduce their ongoing monthly payments.

Mortgage lenders and insurance companies could also be affected by changes to how premiums are structured or paid. **Current Status** As of now, HR 2760 is in committee review, meaning it has been introduced but not yet voted on by the full House of Representatives. The bill was sponsored by Rep. Vern Buchanan (R-FL). Before it can become law, it would need to pass out of committee, gain approval from the full House, pass the Senate, and be signed by the President.