A New Fee Increase that will Affect Certain Home Loans

TamlynFHA, Financing News, FNMA and FHLMC

This increase is scheduled to take effect on April 1, 2012.  It will increase fees for Freddie Mac and Fannie Mae home loans for both new loans and refinances.  It will also affect FHA  loans by increasing the annual mortgage insurance premium that borrowers pay. Fee Increase to Impact Home Loans Thanks to Bryan Johnson, Senior Mortgage Advisor with First … Read More