dti: New Risk Based Pricing. Rates go up 11/01 reguardless - 08/28/08 11:32 AM
Effective November 1. The new LLPA aka. Risk based pricing goes into effect.
Delivery to the GSA's increases .25%, and everything else changes.
You can actually get a better rate putting down 10% rather than 20%, since most 20% down payers don't escrow.
Read the full changes here:
https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2008/0818.pdf
It is almost atrocious.
 
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Terry Ross

Tomball, TX

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