CONGRESS FOR VOTERS

Joyce Beatty (D-OH)

Housing Financial Literacy Act of 2025

H.R. 6125 · House bill Finance and Financial Sector

A Democratic bill with 1 Republican cosponsor · See all 35 cosponsors

Last activity — Referred to the House Committee on Financial Services.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. 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

  • Scored +4

    Does this make housing cost less?

    The bill reduces mortgage insurance premiums for first-time homebuyers through a 25 basis point discount.

  • Scored +3

    Would people in their twenties and thirties be better off under this?

    First-time homebuyers are often younger adults who will benefit from lower mortgage insurance costs.

  • Scored +3

    Would households on low incomes be better off under this?

    The premium discount reduces the financial barrier to homeownership for those qualifying for FHA loans.

The opposite

No question was scored the opposite.