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.

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Four Ways Your Home Equity Can Work for You

Four Ways Your Home Equity Can Work for You You may have heard homeowners today have a lot of equity built up. But what does that really mea...