New mortgage fees set to go into effect May 1

New mortgage fees set to go into effect May 1

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DEPENDENT ON YOUR CREDIT SCORE. THESE ARE NEW MORTGAGE FEES FOR FANNIE MAE AND FREDDIE MAC BACK LOANS. THESE FEES WILL BE GOING UP MORE FOR HIGHER CREDIT SCORES AND FOR LOWER CREDIT SCORES. IRONICALLY, THEY’RE GOING DOWN. DAVID PRICE, REAL ESTATE BROKER WITH MILWAUKEE REALTY, EXPLAINED TO 12 NEWS…

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