At MOG we are living in unprecedented times. Thank you for taking Covid-19 seriously. The sacrifices you're making during this time canceling gatherings and social disctancing are working keep it up...

Fannie Mae and Freddie Mac Mortgage Refinances Just Got More Expensive

Way to rain on our parade, Fannie Mae and Freddie Mac. Just when mortgage rates were hitting record lows, the pair decided to add a new fee to mortgage refinances in light of the ongoing pandemic. Simply put, they expect more losses related to a higher rate of loan defaults, and are adjusting their pricing [&hellip
Source: Mortgage