Posts Tagged 'FHLMC'

Payroll Tax Cut Impact on Rates

Over the holidays, you may have read that Congress passed the Temporary Payroll Tax Cut Continuation Act of 2011. This measure/tax cut of 2% is paid for in part by increasing the fees that FNMA, FHLMC and FHA charge lenders (These fees are called Guarantee Fees or “G-Fees”). The payroll tax cut is a short-term benefit but the impact on G-Fees and FHA insurance costs could last a decade or ...

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