Refinancing
4 Mortgage Refinancing Errors Your Longtime Clients Must Avoid
Maintaining client relationships means hopefully selling them another house in the future, and representing them as the seller agent as well. As such, it’s imperative you guide them in all aspects of homeownership even in times when they are not buying or selling. One key topic is refinancing. Here are four mortgage refinancing mistakes to… […]
Refinancing Numbers Responded Quickly to Adverse Fee Removal
In its latest Mortgage Monitor, Black Knight analyzes the impact the elimination of the 50 basis point adverse market fee from the cost of Fannie Mae and Freddie Mac (the GSEs) refinances. The Federal Housing Finance Agency (FHFA) removed the fee, originally scheduled to go into effect on September 1, 2020 to cover some of […]
New Refinancing Fee Could Roil Mortgage Market
New Refinancing Fee Could Roil Mortgage Market This fee could cost homeowners thousands of dollars, which will destabilize the market and take away opportunity. Media Contact: Patrick Newton 202-383-1290 Fannie Mae & Freddie Mac (GSEs)