Bill · H.R. 6125· House(119-HR-6125)

Housing Financial Literacy Act of 2025

Age: 76 years

Ohio

Introduced: 11/19/2025
Last activity: 11/19/2025 — Referred to the House Committee on Financial Services.
Sponsored by: Joyce Beatty
Cosponsors: - 34 - 1

Finance and Financial Sector

Introduced
In Committee

What this bill would do

This bill, titled the ``Housing Financial Literacy Act of 2025'', aims to change how FHA mortgage insurance premiums are handled. It requires the Secretary of Housing and Urban Development to provide a discount to first-time homebuyers. To qualify for this discount, the individual must complete a financial literacy housing counseling program. This program must be finished before the person signs a mortgage application or a sales agreement. The bill effectively reduces the mortgage insurance premium amount for those who complete the required training.

Yes· 3 of 6

Does this make housing cost less?+4
The bill reduces mortgage insurance premiums for first-time homebuyers through a 25 basis point discount.
Would people in their twenties and thirties be better off under this?+3
First-time homebuyers are often younger adults who will benefit from lower mortgage insurance costs.
Would households on low incomes be better off under this?+3
The premium discount reduces the financial barrier to homeownership for those qualifying for FHA loans.