FHFA Fee Postponed Until December 1st
Still thinking about a refinance? They'll be more expensive as of December 1! The Federal Housing Finance Agency (FHFA) has announced a new fee, so even though rates are still low, your refi will soon cost a little more. If you're interested in saving on your monthly payment, accessing cash from your home's equity, or shortening your loan term, please comment below or reach out over your preferred channel. December may seem far away, but a lot of interested homeowners are likely to pursue a refinance before the fee increase. The sheer volume may lead to delays, so it's wise to get started now.