Text size Andrew Harrer / Bloomberg With interest rates on historic leases, a new fee could make it more expensive to refinance your mortgage, experts say. Fannie Mae (ticker: FNMA) and Freddie Mac (FMCC) announced a new 0.5% fee on limited cash-out refinances and cash-out refinances on Wednesday night. The …
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If you are in the process of refinancing your mortgage, you may end up paying more than you expected. Fannie Mae FNMA, + 1.42% and Freddie Mac FMCC, + 1.67% announced Wednesday night that they will now charge a 0.5% negative market fee on all refinances, including both cash-out and …
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Off-price chain Stein Mart, which announced on Wednesday that it had filed for Chapter 11 bankruptcy protection, will officially close all its stores for good. The company’s liquidators – a team of Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group, B. Riley Financial’s Great American Group and SB360 Capital Partners …
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The number of vacant apartments for rent in Manhattan rose to its highest level in recent history, above 13,000, when residents fled the city and landlords struggled to find new tenants. The number of apartments for rent, as an inventory listing, has more than doubled than last year and set …
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Signage is on Tuesday, October 1, 2019 outside the Freddie Mac headquarters in McLean, Virginia, US. Andrew Harrer | Bloomberg | Getty Images Consumers will have to pay more to refinance their mortgages after Fannie Mae and Freddie Mac announced they were raising fees for lenders on the loans. The …
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