Mortgage Refinancing to Get a Bit More Expensive

Written by Florida Condotel Mortrgage on August 14, 2020. Posted in Florida Condotel Mortgage.

NAR calls it “the wrong policy at the wrong time.” Many homeowners with a median-priced home will pay a new $1,400 fee to Fannie Mae or Freddie Mac after Sept. 1 #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions.

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