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.
Conforming loan limits for 2021 rose more than 7% across the United States. Freddie Mac and Fannie Mae loans now go up to $548K in most counties.
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.
Learn what Biden’s presidency means for mortgage rates, housing policy, real estate, and renters in the coming years.
Many people mistakenly believe they canât afford to buy a home because they donât really know what their options are. Fortunately, home loans are not one-size-fits-all. There are a variety of different mortgages available to…
The post 8 Types of Home Loans Available for Homebuyers appeared first on Crediful.
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®.
In the past two years, investors have taken an unusual interest in the Federal Reserve Bank. That’s mostly due to a Fed policy known as ‘quantitative tightening’, or QT. Effectively, QT was the Fed’s attempt to reduce its holdings after … Continue reading →
The post What Is Quantitative Tightening? appeared first on SmartAsset Blog.
It’s been good news this week for home buyers and home owners looking to refinance as mortgage rates have improved. It hasn’t been a big swing lower but mortgage rates have mostly remained lower after a drop on Monday morning. Read on for more details. Where are mortgage rates going?      … View Article