Mortgage Refinance Surcharge Delayed by Fannie, Freddie Until Dec. 1

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Homeowners who refinance their mortgages in the next three months will avoid paying the additional fee averaging $1,400 after an outcry from industry groups, lawmakers and the White House.

The post Mortgage Refinance Surcharge Delayed by Fannie, Freddie Until Dec. 1 appeared first on Real Estate News & Insights | realtor.com®.

Why Refinancing Your Mortgage Is About To Get More Expensive

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One of the bright spots of the pandemic and recession for homeowners is that they’ve been able to refinance their mortgages—and save money. That could change.

The post Why Refinancing Your Mortgage Is About To Get More Expensive appeared first on Real Estate News & Insights | realtor.com®.

Will the Lowest Mortgage Rates Ever Seen Spur Another Refinance Boom?

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Record-low mortgage rates will likely spur another wave of refinances as homeowners attempt to lock in rates below 3% for the first time.

The post Will the Lowest Mortgage Rates Ever Seen Spur Another Refinance Boom? appeared first on Real Estate News & Insights | realtor.com®.

For Some, Mortgage Forbearance Could Make It Harder To Get a New Loan in the Future

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Many homeowners struggling because of the coronavirus crisis will no longer be penalized in the long run for receiving mortgage forbearance.

The post For Some, Mortgage Forbearance Could Make It Harder To Get a New Loan in the Future appeared first on Real Estate News & Insights | realtor.com®.

For Some, Mortgage Forbearance Could Make It Harder To Get a New Loan in the Future

realtyexperts Real Estate News

Many homeowners struggling because of the coronavirus crisis will no longer be penalized in the long run for receiving mortgage forbearance.

The post For Some, Mortgage Forbearance Could Make It Harder To Get a New Loan in the Future appeared first on Real Estate News & Insights | realtor.com®.