Real estate blog entries tagged with fannie mae by Peter Lindquist

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Home : Blogs : Peter Lindquist : Minnesota Mortgage : Tag "fannie mae"

fannie mae: Loan Fees Set To Rise For Conforming Mortgage Applicants - 03/10/11 09:41 AM

Beginning April 1, 2011, Fannie Mae is increasing its loan-level pricing adjustments. Conforming conventional mortgage loan applicants in Minnesota should plan for higher loan costs in the months ahead.
If you’re considering a Minnesota mortgage refinance you might want to consider locking into a rate now.
If you've never heard of loan-level pricing adjustments, you're not alone; they're an obscure mortgage pricing metric and, thus, are rarely covered by the media. That doesn't make them any less relevant, however.
LLPAs are mandatory closing costs assessed by Fannie Mae and Freddie Mac, designed to offset a given loan's risk of … (1 comments)

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