Posts Tagged: mortgage fees

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Fannie and Freddie Plan Fee Increases

On April 1st, Fannie Mae and Freddie Mac are increasing down-payment rules. The upcoming changes are as follows: Condo buyers with down payments of less than 25 percent will be charged a three-quarter point add-on penalty regardless of their credit score Buyers of  multi family units, where one unit is owner-occupied and the other is rented,… Read more