Birdwatch Archive

Birdwatch Note

2023-04-22 16:00:41 UTC - NOT_MISLEADING

Fannie Mae/Freddie Mac enacted changes to mortgage fees called “loan-level price adjustments” effective May 1. While the actual cost will still be higher for lower credit scores,rates were raised for some with good credit and reduced for some with lower scores. https://singlefamily.fanniemae.com/media/9391/display

Written by E1310C4CE71674DF8EFC3849C156206C5770EFF5D1A0582601A2F8FA7870D829
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• summary
• Fannie Mae/Freddie Mac enacted changes to mortgage fees called “loan-level price adjustments” effective May 1. While the actual cost will still be higher for lower credit scores,rates were raised for some with good credit and reduced for some with lower scores. https://singlefamily.fanniemae.com/media/9391/display