Special offer

Fannie Freddie raise fees

By
Real Estate Agent with Premiere Property Group, LLC 201216288/201224961

Date: September 10, 2012

Subject: Guarantee Fee Increase Effective September 11, 2012

Fannie Mae and Freddie Mac have been directed by The Federal Housing Finance Agency (FHFA) to

raise guarantee fees (g-fees) by an average of 10 basis points. This means that Fannie Mae and

Freddie Mac pricing will be adversely affected by roughly 50 basis points. This change does not affect

Government or Jumbo pricing.

Comments(2)

Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Amazing...I just keep notice the service (especially on Condo projects) going down and the cost going up...ugh

Sep 11, 2012 12:33 AM
Kevin & Cindy Kenagy
Premiere Property Group, LLC - Salem, OR
Helping people buy and sell their homes.

And fees will always go up. That is one thing we will always be able to count on.

Sep 11, 2012 03:39 AM