You realize this is only for FHA loans. If your credit score is above 680, use a bank or credit union to finance your mortgage.
Is it though?
The second paragraph in the article:
The fee changes will go into effect May 1 as part of the Federal Housing Finance Agency’s push for affordable housing, and
they will affect mortgages originating at private banks across the country.I didn’t see a mention of this only effecting FHA loans? I’m asking out of curiosity in case you know more about the situation
