FHFA Increased Up-Front Fees Made Simple

2022-04-05T14:07:35+00:00

The Federal Housing Finance Agency (FHFA) recently made a statement that upfront fees for specific high-balance and second-home loans were going to increase beginning April 1, 2022. If you are considering buying a home, then doing so prior to the change may be smart. Here is everything you need to know about the increase in upfront FHFA fees.  Announcement Breakdown  The FHFA new pricing framework will take place on April 1, 2022; increasing the upfront fees for any high-balance and second home loans sold to Fannie Mae and Freddie Mac. The fee increase will