Iowa Bankers Association Iowa Bankers Insurance & Services, Inc.
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
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Local: 515-286-4300
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Will Changes at Fannie Mae and Freddie Mac Mean Hi

:Will Changes at Fannie Mae and Freddie Mac Mean Higher Rates?

“I cannot make a single argument in support of the GSEs’ decision to impose a 50 basis point price increase on all refinances, effective Sept. 1,” said Bob Broeksmit, president and CEO of the Mortgage Bankers Association (MBA). “Why, in the middle of a global pandemic, when millions of Americans are struggling, would FHFA and the GSEs make such a callous decision?”
https://www.bankrate.com/mortgages/will-fannie-freddie-changes-affect-rates/

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