Monday, August 31, 2020

FHFA Will Charge Extra Refi Fee Starting Dec. 1

FHFA Will Charge Extra Refi Fee Starting Dec. 1: Homeowners with Fannie- and Freddie-backed mortgages who refinance into lower rates will be charged a 0.5% fee to make up for the GSEs’ projected COVID-19 losses.

No comments:

Post a Comment

What Is Going on with Mortgage Rates?

  What Is Going on with Mortgage Rates? You may have heard  mortgage rates  are going to stay a bit higher for longer than originally expect...