Mortgage Fees for GOOD credit??? Biden's Socialized mortgage program

Mortgage Fees for GOOD credit??? Biden's Socialized mortgage program

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Publish Date:
April 24, 2023
Category:
AirBnB Investing
Video License
Standard License
Imported From:
Youtube





Join Ken and Danille as they discuss the new loan fees that will be imposed on mortgages. Starting May 1, 2023, homebuyers with a credit score of 680 or higher will have to pay about $40 per month more than those with worse credit when taking out a $400,000 home loan. The rule will impact mortgages from private banks across the U.S. based on loan-level price adjustments established by Fannie Mae and Freddie Mac. High-credit consumers with scores ranging from 680 to above 780 will see a spike in mortgage costs, with the biggest increases being felt by those who put 15% to 20% down on a home. The rule goes into effect just ahead of the peak spring buying season. Don't miss the chance to hear from Ken and Danille regarding this new situation - Come join the discussion live at 11AM Arizona Time, 11AM PST, and 2PM EST.

Ken will be hosting a happy hour virtual discussion tonight, April 24th, must be an Inner Circle member to participate. Join Ken's Inner Circle: https://www.kensinnercircle.com

Join Ken on a live webinar this Thursday, April 27th, at 3pm PST with Robert Kiyosaki, George Gammon, and Tarl Yarber. They will be talking about the dollar losing its status and what it will mean to you! Use this link to join: https://go.limitlessexpo.com/emergency-call?el=w-ken

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Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.


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