As If A Mortgage Wasnt Expensive Enough, New Fees Add Costs

truthfullending.com — According to a Bank Rate Monitor annual survey, the typical homeowner with a $200,000 mortgage amount in 2006 could expect to pay $3,024 in closing costs. Well, in the early part of 2008, Fannie Mae and Freddie Mac, the two quasi-government organizations that back conforming mortgages in the United States, will institute a new, risk-based fee[...] Dec 26, 2007 View in Crawl 4