Democratic Party of Wisconsin
Press Release

Does Rep. Sean Duffy Support Hiking Home Insurance Premiums As Much As $900 On Wisconsin Households?

Homeowners could see the costs of homeownership rise due to President Trump's administrative order.

By - Jan 23rd, 2017 12:30 pm
Sean Duffy

Sean Duffy

MADISON – In four days, one of the first administrative orders of the Trump Presidency will go into effect, sticking American homeowners with higher insurance premiums on their Federal House Administration-insured mortgages. Homeowners could see the costs of homeownership rise due to President Trump’s administrative order. Wisconsin households in the 7th Congressional District are wondering: does Rep. Sean Duffy support making owning a home, a central piece of the American dream, more expensive?

Wisconsinites have been taking it on the chin for years as owning and maintaining a home has become an increasingly heavy financial burden. Earlier this month, former President Barack Obama issued an executive action requiring the Federal Housing Administration (FHA) to decrease insurance premiums on FHA mortgages, a change that could have potentially saved low-income homeowners as much as $900 per year.

“For months, Wisconsin has watched Rep. Sean Duffy defend and apologize for President Donald Trump’s radical ideas and outlandish behavior on the campaign trail. Will Rep. Duffy again choose Washington D.C. over the heartland now that President Trump is making it more onerous for residents in his district to secure a home loan and achieve the cornerstone of the American Dream?” Democratic Party of Wisconsin spokesman Brandon Weathersby said on Monday. “From failing to support Buy America provisions in major legislation to signing an executive order to raise home insurance premiums, President Trump has sent clear signals that he isn’t on the side of working Wisconsinites. Families in the Badger State need to know if Rep. Duffy sides with them or with Washington’s special interests and the big insurance companies.”

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