Posts Tagged 'lenders'

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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Improving My Credit Score-Do’s and Don’ts When Trying to Buy a Home

Buying a home is an exciting process. It opens up a new canvas for furnishing, decorating or otherwise accessorizing your life. This also opens up many potential opportunities to damage your credit score. By following these few simple rules, you can streamline the process:

  1. We have all heard that if your credit score report is run too many times, it will drop your score. There is some truth to this. If ...

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