Tag Archives: fees
Borrowers in 5 states to pay more
Mortgage borrowers in five states would have to pay more for their loans starting next year. Continue reading
FHA: Higher fees for some
Borrowers who take out an FHA mortgage of more than $625,000 will have to pay higher fees as of next week. Continue reading
FHA fees are going up. Hurry!
A few weeks ago I told you if you wanted to get a Federal Housing Administration mortgage, you should get moving to avoid higher mortgage fees. I hope you didn’t ignore my advice, but if you did, here goes your second chance to save money.
The FHA sa… Continue reading
FHA fees on the rise again
Beginning April 1, borrowers will pay more for upfront mortgage insurance from the Federal Housing Administration, or FHA. Fees were last raised in April 2011 and are at the highest in the FHA’s history.
Premiums for the insurance will rise from 1 perc… Continue reading
Low rates spur refinancing wave
Applications for mortgages jumped 23 percent last week, largely due to homeowners taking advantage of record-low rates to refinance, according to the Mortgage Bankers Association. The refinance portion of total mortgage activity was 82 percent.
But as … Continue reading
Higher rates vs. tax increase?
A bid to boost fees that Fannie Mae and Freddie Mac charge lenders in order to pay for the proposed payroll tax cut extension for another year is drawing fire from some in the real estate industry who fear that lenders will pass the fees on to borrower… Continue reading
Higher mortgage fees proposed
In the ongoing effort to reform Fannie Mae and Freddie Mac, the acting director of the Federal Housing Finance Agency, or FHFA, the regulator that oversees the two agencies, proposed charging higher mortgage fees and sharing some of the lending risk wi… Continue reading