Mortgage Refinancing is About to Get More Expensive–Here’s Why

October 12, 2020

Fox Business, Oct. 12, 2020–Rebecca Lake
Beginning December 1, Fannie Mae and Freddie Mac will begin charging a 0.5% adverse market fee to refinance your mortgage. If you’ve been considering a new mortgage to replace your previous one, it’s important to understand how you could be impacted by this new fee. (MBA mention)
https://www.foxbusiness.com/money/mortgage-refinancing-more-expensive-heres-why