Mortgage Updates – March 2024

Mortgage News

The US mortgage industry has undergone significant changes in recent years, with February and March of 2024 being no exception. These changes have had a considerable impact on homebuyers and homeowners alike, as they navigate new mortgage rules, programs, regulations, qualifications, and loan requirements.

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Mortgage Updates – January 2024

Mortgage News

In the past month, there have been some interesting mortgage developments that you might want to know about.

First off, the Federal Housing Finance Agency (FHFA) decided to shake things up a bit by changing the way they calculate loan-level price adjustments (LLPAs). This means that starting from May 1st, 2024, borrowers with higher credit scores might end up paying a bit more, while those with lower credit scores could see a reduction in fees. A bit of a cosmic twist, isn’t it?

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