October 11th, 2012 11:41 AM by BILL WILBANKS
As I blogged about last month trying to give you a heads-up, today is the first day of the full implementation on lender rate sheets of the new FHFA Loan Guarantee Fee they required of Fannie Mae and Freddie Mac to place on all conventional loans. So yes rates overall appear to be a slightly higher or rebates lower today because of the these new fees on all conventional loans. The good news is it's already in the rates quoted from today forward. Thanks for the help during this weak housing recovery D.C....
Bill Wilbanks