Fannie/Freddie Raise Mortgage Fees

Beginning on April 1, Fannie Mae follow in Freddie Mac’s footsteps and formally raise the fees that they charge lenders, which will almost certainly pass these fees on to borrowers. The bottom line is that for virtually all borrowers, obtaining a mortgage is set to become significantly more expensive. As mentioned earlier, Fannie/Freddie are currently [...]

Source: http://news.mortgagecalculator.org/fanniefreddie-raise-mortgage-fees/

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