Mortgage Blog

Here is the nws from one lender today:

The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to increase loan guarantee fees (“G-Fees”). Provident Funding’s lock policy has been updated to accommodate the increased G-Fees.

G-Fee pricing adjustments:

• Conforming and Super Conforming 30, 25 and 20 Fixed: +0.625%
• Conforming and Super Conforming 15 and 10 Fixed: +0.25%
• Conforming and Super Conforming ARM: +0.375%
• Jumbo: not applicable

So the better prcing will be "eaten" by Fannie Mae & Freddie Mac.