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2023-04-21 12:14:12

czervika (FR4) SWFL on Nostr: Well this is inneresting... Mortgage industry specialists say homebuyers with credit ...

Well this is inneresting...

Mortgage industry specialists say homebuyers with credit scores of 680 or higher will pay, for example, about $40 per month more on a home loan of $400,000. Homebuyers who make down payments of 15% to 20% will get socked with the largest fees.

The new fees will apply only to Americans buying houses or refinancing after May 1.

https://legalinsurrection.com/2023/04/joe-biden-wants-homebuyers-with-good-credit-to-subsidize-high-risk-mortgages/?fbclid=IwAR15nMv_eEeuf0bZ6ckuV2ccIuvfng1d8iQ8ykOO0fs-iD4TQvwVdxVghPo#:~:text=Mortgage%20industry%20specialists%20say%20homebuyers%20with%20credit%20scores,Americans%20buying%20houses%20or%20refinancing%20after%20May%201
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