Cost of New York mortgages will increase the most with new g-fees

"The planned upfront fee would increase 15 basis points in Illinois, 20 bps in Florida, Connecticut and New Jersey and 30 bps in New York," said analyst Sarah Hu with Royal Bank of Scotland. The hike has the potential to tack another $40 to $100 to yearly mortgage payments beginning in 2013.

read more

Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/utNb9YJM6Xo/increasing-g-fees-key-states-will-impact-ny-most

Minneapolis New York 1 Bedrooms