re-finance

Be Aware That Freddie Mac Has Introduced New Fees And Has Increased Others

Since home prices have continued to fall, Freddie Mac has determined that they are at a heightened risk of many more mortgage defaults and claims.  They report that there may be even more of a housing price decrease in 2009. In light of this news they have increased several fees and added new ones. One of their new fees is a 0.75% fee [...]

Also posted in Consumer News, Financing Options, Freddie Mac, Loan Modification, Local Real Estate News | Tagged , , | Comments closed

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