RE Industry Pressure Worked: FHFA Postpones Refi Fees

After Sept. 1, owners who refinanced would have been charged a 0.5% surcharge if Fannie Mae or Freddie Mac would be taking over the loan. The surcharge will still go into effect but not until Dec. 1 – and refi loans less than $125K won’t be charged the fee at all. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing