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.
by Chris Arnold
Aug 14, 2020
2 minutes
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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