New mortgage rules take effect: What it means for you l GMA

As of May 1, the Federal Housing Finance Agency is adjusting the upfront fees you pay when you take out a mortgage with Fannie May or Freddie Mac. ABC News' Elizabeth Schulze breaks down how it could impact purchasing a home.

#news #mortgage #credit #finance #abcnews

[javajoe]

Punish those who are responsible and built up their credit over years. Makes no sense!

[gato]

Lol in what crack Head world does charging more for good credit make sense .

[Myers]

Welcome to Brandon's America
Welcome to Brandon's SOCIALISM
Welcome to Brandon's new BANANA REPUBLIC

[milo]

I am so excited about this. As an investor I've been having a hard time finding distressed properties. Thanks to this new rule there are going to be plenty of foreclosures.

[paulmkz]

Please democrats get rid of biden and vote for RFK JR. This is embarrassing

[skylerspringsteen]

Sweet, spent over half a decade building a perfect credit score too 😂😂

[pb]

aren't you glad you voted for him. lol

[jjptech]

This socialists as always twisting reality. Punish thebresponsible and favor the incapable.

[dontblameme]

So webstill not gonna be upset that the billionaires don't pay their fair share of taxes...I'm fine helping but how you only paying $750 and he ain't the only either

[BillSias-opxw]

That will make it harder for first time buyers and moderate income buyers, also means mid and lower priced home prices will fall to compensate for the limited market of potential buyers. Republicans were hard at work to get this phased in.