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Home Loan Fee Increase


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Just heard that the deal to extend the payroll tax is going to be funded by people who buy homes beginning Jan 01. It applies to all home purchases financed except VA loans. The news is saying the fee increase will be about $15 more a month on a $200K for the life of the loan.

Here is the article:

http://www.foxnews.com/politics/2011/12 ... -cut-deal/

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The plan is unlikely to pass the House.

Yes Jim, just saw on the news this morning that the House is headed back in to "re-think" the plan. They have been re-thinking for quite some time. A further disaster each time they re-think instead of act properly. Its a great country we have all let it slide into.................

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  • 4 weeks later...

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