Fed watchdog weighs limits to mortgage fees and how it will effect Pensacola Real Estate

By
Real Estate Broker Owner with Charles Stallions Real Estate Services

Fed watchdog weighs limits to mortgage fees and how it will effect Pensacola Real Estate

 

Feds might ban origination fees that vary by loan size and limit discount points that supposedly lower interest rates. Read more.

 

Regulators might ban origination fees that vary with the size of the loan, known as “origination points.” They also might limit the use of “discount points” that are supposed to result in lower interest rates, the Consumer Financial Protection Bureau said late Wednesday.

 

Fed watchdog weighs limits to mortgage fees and how it will effect Pensacola Real Estate

 

 

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Re-Bloggged 2 times:

Re-Blogged By Re-Blogged At
  1. Michelle Cooks 06/08/2012 08:44 PM
  2. Joyce Kelley 06/09/2012 10:48 PM
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short sales and foreclosures
charles stallions real estate
fed watchdog weighs limits to mortgage fees and how it will effect pensacola real estate

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Rainmaker
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Michelle Cooks
Pensacola, Pace & Gulf Breeze Property Management
Charles Stallions Real Estate Services

What a great post - thanks for sharing.  i really enjoyed reading.  i think it will take a long time to get these thoughts out of our buyers minds.  The buyers really need to trust and listen to the professionals that are out in the market every single day.  Thank you! :)

September 16, 2013 09:04 PM
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Why Pay More To Get Less? Charles Stallions Real Estate Services charges a flat fee of $2995 or $1495 PLUS 3% if you want to be in the MLS. What do you get? Our 27 step program. . includes print advertising in the #1 magazines, 8 or more websites for homes for sale. Open Houses, Tour Of Homes -Auction style, Lots of signage, Realtor Alerts and much more. Call 800-309-3414 for over the phone details with no obligations.