Wednesday, August 12, 2020 10:30:32 PM
FHFA will require Fannie & Freddie to charge 0.5 percent fee on refi mortgages they purchase, per lender letter — a move that raises rates for consumers. Effective September 1.
— Katy O'Donnell (@KatyODonnell_) August 13, 2020
Fannie Mae and Freddie Mac are adding a 0.5% fee on all refinances due to "economic uncertainty" effective Sept. 1, meaning that borrowers who may have been looking to take advantage of low rates might end up paying even more if they refinance
— Hannah Lang (@hannahdlang) August 13, 2020
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