Good news! Effective August 1, 2021, Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries. Most lenders will remove this fee shortly in the upcoming days. This is a great opportunity to consider refinancing.

Mortgage rates recently dropped and are now sitting near a five-month low. Refinancing applications jumped in the last two weeks, according to the Mortgage Bankers Association, and will likely move even higher with the fee removal.

Consumer prices increased 5.4% in June from a year earlier, the biggest monthly gain since August 2008. Fed Chairman Jerome Powell has been steadfast in stating that inflationary pressures are transitory, though a Fed report last Friday indicated that upside risks are increasing. However, bond prices are still under some selling pressure.

It’s a good time to submit files for refinance, as the rates are expected to drop shortly.

好消息！ 根据今天的 FHFA 公告，房利美和房地美将从 2021 年 8 月 1 日起取消贷款交付的逆向市场再融资费。大多数贷方将很快取消 50 个基点的再融资费。 这是重貸的好机会。
抵押贷款利率最近下降，现在接近五个月低点。 根据抵押贷款银行家协会的数据，再融资申请在过去两周激增，而且随着这笔費用的取消，再融资申请可能会更高。
6 月份消费者价格同比上涨 5.4%，为 2008 年 8 月以来的最大月度涨幅。美联储主席杰罗姆鲍威尔一直坚信通胀压力主要是暂时的，尽管美联储上周五的一份报告表明上行风险正在增加。 然而，债券价格仍面临一定的抛售压力。
现在是提交重貸文件的好时机，因为预计利率很快就会下降。

Economic Calendar