NPR

Want To Refinance Your Home Loan With Record Low Rates? Get Ready For A Hefty Fee

Mortgage giants Fannie Mae and Freddie Mac will start charging an extra upfront fee in September ... as much as $1,500 for a $300,000 loan. Lenders are upset and blame the Trump administration.

Millions of Americans are refinancing their mortgages to save money as superlow interest rates create a rare financial bright spot amid the pandemic.

But homeowners are about to get hit with a big new fee. Starting next month, all home mortgages that are refinanced will have

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