Monthly Archives: August 2013

Why Are Lenders Increasing Their Fees?

The news is out: Bankrate.com did a survey of 2013 Closing Costs and learned that in most states they have risen 6% over 2012 costs. Loan origination fees jumped the most – going up 8.4%. Why? Is it really costing … Continue reading

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Are Fannie and Freddie about to be fired?

A new battle is heating up in Congress, as lawmakers debate the demise of Fannie Mae and Freddie Mac. These government-controlled mortgage guarantee giants either own or guarantee nearly half of all U.S. mortgages – including nearly 90% of all … Continue reading

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What does it cost to get a Texas Home Mortgage Loan?

Dallas Morning news recently published a report indicating that the average cost of a $200,000 home loan in the U.S. ranged from a low of $2,119 in Wisconsin to a high of $2,919 in Hawaii. This figure excludes the cost … Continue reading

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