U.S. house costs rose 18.5% year-to-yr in 3Q, but the improves in eight Fla. metros ranged from 20.5% in Central Florida to 34.7% in Cape Coral-Fort Myers. WASHINGTON – U.S. home charges rose 18.5% year-to-year – from the 3rd quarter of 2020 to the 3rd quarter (3Q) of 2021 – […]
FHFA
FHFA Scraps Homeowners’ Fee for Refinancing
In 2020, FHFA manufactured householders pay an added fee if they refinance, but that charge will go absent just after Aug. 1 – component of a new concentration to help entrepreneurs preserve their house. WASHINGTON – Federal Housing Finance Company (FHFA) Acting Director Sandra Thompson announced on July 16 that […]
New FHFA Rule May Raise Cost of Second-Home Mortgages
Immediately after April 1, Fannie and Freddie will invest in much less second-residence mortgages. That boosts lenders’ pitfalls and will probably translate into increased fees and/or curiosity fees. WASHINGTON – A rule adjust for the Federal Housing Finance Agency (FHFA) will most likely make it additional pricey to acquire out […]