# new mortgage fee structure

See How the FHFA's New Mortgage Fee Structure Is Impacting Rates » The 30-year fixed mortgage rate retreated slightly last week as lenders began implementing a new mortgage fee structure that cuts costs for homebuyers with fair credit and small down payments. Money.usnews.com

President Biden Announces New Actions to Ease the Burden of Housing Costs | The White House » New Biden-Harris Administration Housing Supply Action Plan To Help Close the Housing Supply Gap in Five Years As President Biden said last week, tackling inflation is his top economic priority. Today, President Biden is releasing a Housing Supply Action Plan to ease the burden of housing costs over time, by boosting the supply of quality… Whitehouse.gov

Biden-Harris Administration to Save FHA Homebuyers Average $800 Annually on Mortgage Payments Through Premium Reduction » HUD No. 23-041 HUD Public Affairs (202) 708-0685 FOR RELEASE Wednesday February 22, 2023 BIDEN-HARRIS ADMINISTRATION TO SAVE FHA HOMEBUYERS AVERAGE $800 ANNUALLY ON MORTGAGE PAYMENTS THROUGH PREMIUM REDUCTION 30 basis point reduction in FHA annual mortgage insurance premium supports Biden-Harris Administration goals to make homeownership more affordable and accessible for working families. Hud.gov

Changes are coming to some mortgage fees next month | CNN Business » Fees on mortgages backed by Freddie Mac and Fannie Mae are set to change next month, in a plan designed to make homeownership more affordable for more people. Broadly, the fees will go down for many with lower credit scores and will increase for many with higher credit scores. Cnn.com

With mortgage rates dropping and fee changes in the pipeline, now may be the time to buy that home » Mortgage rates have hit an 18-week low, giving homebuyers hope for a more affordable loan. Cnbc.com

Mortgage fee structure for some homebuyers is changing this month. Here's how. » A little-known surcharge set to change on May 1 could impact consumers in different ways. Cbsnews.com