Refinance soon to avoid the FHFA adverse market refinance fee
Fannie Mae and Freddie Mac’s 0.5% refinance fee is delayed until December 1. But to avoid the fee and higher refinance rates, you need to apply sooner than that.
Fannie Mae and Freddie Mac’s 0.5% refinance fee is delayed until December 1. But to avoid the fee and higher refinance rates, you need to apply sooner than that.
Borrowers who come to the table with lower credit scores can find that their mortgage loan costs more because of their bad credit scores. Â This is true for first-time buyers as well as people buying second or third homes. A loan costs someone with a bad credit score more because of higher interest rates and… Read More
The post How Bad Credit Can Make Your Mortgage More Expensive appeared first on Credit.com.
Posted To: MBS Commentary
Uneventful Start This Week; Next Move Remains Debatable Bonds began the day in weaker territory but rallied back to nearly unchanged levels after several comments from inbound Treasury Secretary Janet Yellen. Of particular note were Yellen's comments on the possibility of repealing certain tax cuts as well as the need to get the federal budget on a more sustainable path. Both of those bode well (or "better," anyway) for Treasury issuance vs demand. The econ calendar was silent and other market moving headlines were scarce. Traders are waiting for the next major cue that settles the debate between keeping the broader negative trend intact or riding the recent positive correction back to lower-yield technical boundaries. Econ Data / Events 20min of Fed 30yr UMBS Buying 10am, 1130am…(read more)
Mortgage rates dip as investors await actions of new administration The Washington Post
Current FHA loan limits for every U.S. county. Check your local FHA loan limit for 1-unit, 2-unit, 3-unit, and 4-unit homes. Limits start at $350K.
If youâre a first-time homebuyer, you may be wondering whether an FHA or conventional loan is the right choice for you. The loan that is best for you ultimately depends on your financial situation and…
The post FHA vs Conventional Loans: What’s the Best Choice for You? appeared first on Crediful.
TRD INSIGHTS: 8.5% of home loans are in forbearance The Real Deal
Learn what Biden’s presidency means for mortgage rates, housing policy, real estate, and renters in the coming years.
âUntil the Enterprises can raise private capital, they are at risk of failing in the next housing crisis,â Federal Housing Finance Agency Director Mark Calabria said.
The post Fannie Mae, Freddie Mac Can Keep Future Earnings, Per Agreement Between Treasury and Regulators appeared first on Real Estate News & Insights | realtor.com®.