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Fannie Mae and Freddie Mac to Raise Mortgage Costs

August 16th, 2008 · No Comments

The two biggest sources of mortgages for American home buyers plan to raise their base fees to counter what they see as continuing “adverse conditions” in the real estate marketplace.
At the same time, however, Fannie Mae and Freddie Mac — which currently fund more than three-quarters of all new home loans — also plan to [...]

[Read more →]

Tags: Mortgage Notes · Mortgage Refinancing

Fannie Mae, Freddie Mac raising fees for mortgage borrowers

August 16th, 2008 · No Comments

The two biggest sources of mortgages for American home buyers plan to raise their base fees to counter what they see as continuing “adverse conditions” in the real estate marketplace.
At the same time, however, Fannie Mae and Freddie Mac — which currently fund more than three-quarters of all new home loans — also plan to [...]

[Read more →]

Tags: Mortgage Notes