In light of the fact that rates are improving, the Federal Housing Finance Agency (FHFA) announced today that it is also eliminating the Adverse Market Refinance Fee (AMRF). This will drop refi rates about 0.125% immediately. You can read the full article about the FHFA eliminating Refinance Fee here: https://bit.ly/3kvB6Js
If you’re thinking of refinancing and need some additional information this blog talks about the refinance process & timeline and what to expect.
Refinancing can be a winding road, but we’re here to simplify the process. If you think you’re ready for refinance, it only takes a few minutes to get pre-approved with QHL and we’re here to answer all your questions along the way. Let’s get started to see how much your monthly savings may be. Contact us for more info.