Michael Inkman

Fairway Independent Mortgage Corporation

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    • About Michael
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    • Get Pre-Approved Now!
    • Closing Costs
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Home Archives for Uncategorized

Michael Inkman August 24, 2020

Covid-19 Is About To Make Refinancing A Home A Lot More Expensive

With mortgage rates still at historic lows, it may seem like a good time to refinance. Starting September 1, however, the cost of refinancing a mortgage is going up due to economic risks associated with Covid-19.

Both Freddie Mac and Fannie Mae have announced a new mortgage refinancing fee of 0.5%. The fee comes as mortgage refinancing accelerates due to lower interest rates. Fannie Mae calls it an Adverse Market Refinance Fee. In Lender Letter (LL-2020-12) Fannie Mae said the fee was in “light of market and economic uncertainty resulting in higher risk and costs incurred by Fannie Mae.” read more

Filed Under: Uncategorized

Michael Inkman May 27, 2014

What’s Ahead For Mortgage Rates This Week – May 27, 2014

Last week's economic news was dominated by speeches given by Federal Reserve presidents, the minutes from April's FOMC meeting and commencement address given by Fed Chair Janet Yellen. The latest readings for new and existing home sales were also released.

Filed Under: Uncategorized Tagged With: Existing Home Sales, Federal Reserve, mortgage rates

Michael Inkman May 23, 2014

Did You Know? How Paint Color Choices Can Drastically Affect The ‘Mood’ Of Your Home

Whether you're sprucing up your house to sell or simply looking for a color to bring out the beauty of your home, it's imperative that you do your homework.

Filed Under: Uncategorized Tagged With: Home Automation, Mobile Apps, Real Estate Tips

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Michael Inkman

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