Mortgage Rate Reduction Act

Latest action Mar 5, 2025

Mortgage Rate Reduction Act This bill authorizes the federal guarantee, or insurance, of certain second mortgages. Specifically, this applies to properties with a first mortgage guaranteed by the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). For a second mortgage to qualify, the first mortgage on the property must be guaranteed under the same authority. The bill also requires the publication of mortgage guarantee information by the FHA, VA, and Department of Agriculture. For each mortgage guaranteed, these agencies must publish the address of the property and the date of the loan.

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Where it stands

Assigned to a committee for review.

Introduced
In committee
Up for a vote
Passed one chamber
Passed
Enacted

Committee

House Committee on Financial Services · U.S. House of Representatives

Also referred to House Committee on Veterans' Affairs · U.S. House of Representatives, Senate Committee on Veterans' Affairs · U.S. Senate.

Full history

Mar 5, 2025
In committee
Referred to the Subcommittee on Economic Opportunity.
U.S. House
Mar 5, 2025
Referred to committee
Referred to the Subcommittee on Economic Opportunity.
Mar 5, 2025
Referred to committee
Referred to the Subcommittee on Economic Opportunity.
Mar 5, 2025
Referred to committee
Referred to the Subcommittee on Economic Opportunity.
Jan 31, 2025
Introduced
Introduced in House
U.S. House of Representatives

Show full history (4 earlier events)

Jan 31, 2025
Introduced
Introduced in U.S. House
U.S. House
Jan 31, 2025
Referred to committee
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 31, 2025
Referred to committee
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 31, 2025
Referred to committee
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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Source: From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

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