Economy

mahatmakanejeeves

(68,797 posts) Fri Aug 14, 2020, 08:37 AM Aug 2020

New fees could make some mortgages more expensive.

Hat tip, WTOP radio

A new move by Fannie and Freddie could mean homeowners pay a bit more to refinance mortgages, but the White House and mortgage industry are against it, as
@jimwillhite
explains #WSJWhatsNow

Link to tweet

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3 replies

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Highlight:

New fees could make some mortgages more expensive. (Original Post) mahatmakanejeeves Aug 2020 OP

someday soon, only the rich can afford to buy a house . the rest of us will live on the street. AllaN01Bear Aug 2020 #1

It's not Fannie and Freddie, it's their conservator (FHFA) soothsayer Aug 2020 #2

Refinancing is still a good idea underpants Aug 2020 #3

AllaN01Bear

(28,890 posts)

1. someday soon, only the rich can afford to buy a house . the rest of us will live on the street.

Reply to mahatmakanejeeves (Original post)

Fri Aug 14, 2020, 08:50 AM

Aug 2020

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soothsayer

(38,601 posts)

2. It's not Fannie and Freddie, it's their conservator (FHFA)

Reply to mahatmakanejeeves (Original post)

Fri Aug 14, 2020, 08:50 AM

Aug 2020

The government entity that oversees them and steals all their profits.

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underpants

(195,552 posts)

3. Refinancing is still a good idea

Reply to mahatmakanejeeves (Original post)

Fri Aug 14, 2020, 08:58 AM

Aug 2020

We are waiting on a signing date. Going to save several hundreds per month. Much lower rate.

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