There was BIG NEWS today in the mortgage world. Freddie Mac and Fannie Mae announced that they were granted permission from the Federal Housing and Finance agency to charge an “ADVERSE MARKET FEE” of .50% on all refinance loans. This fee which the lenders are saying is to address risk management because of the current […]
Posted in Sellers, Zebra Reports 
Tags: Denise Lones, freddie mac, Interest rates, lending, loans, market update, mortgage, Real Estate Coaching, Real Estate News, refinancing 
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Q: Denise, what do you think of the proposed government programs to help more people be able to refinance? Won’t that just contribute to a bigger lack of inventory? If everyone refinances doesn’t that mean they won’t put their homes on the market which will really add to the current inventory deficit? Won’t that just […]
In his “State of the Union” address this week, President Obama indicated that although the housing market is “healing”, tight mortgage lending conditions are holding the economy back and this needs to be fixed. Furthermore, the president asked Congress to send him the bill which would give “every responsible homeowner in America the chance to […]
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