Major Lenders Raise Mortgage Refinance Fees in September, Cutting Borrower Savings
At a glance: Higher refinance fees and closing costs and how it could affect refinancing decisions. Lenders have raised refinance origination fees, pushing up closing costs and lengthening breakeven timelines for many borrowers. What Higher Refinance Fees Mean for Borrowers Recent movements in mortgage markets have prompted a renewed interest in refinancing among homeowners. As…