New FHFA Rule May Raise Cost of Second-Home Mortgages

Kennith Bogan

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 […]