Freddie Mac Raises Mortgage Fees
Freddie Mac is raising costs for some home mortgage borrowers, following similar fee increases by competitor Fannie Mae.
The new fees affect mortgages for condominiums, interest only loans, home equity loans. Borrowers with low credit scores and low down payments are also affected.
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- More Changes Ahead for Freddie Mac and Fannie Mae
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- Mortgage Rates Drop as Unemployment Rises
- The Impending Reform of Fannie Mae and Freddie Mac
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