Biden
GOP bill to repeal mortgage rate hike for homebuyers with good credit scores
Biden’s new federal housing rule will mandate homebuyers with good credit scores to pay higher mortgage rates and fees
Alicia Summers
One-on-one with Rena Kliot, broker and founder of Pulse International Realty
Biden’s new federal housing rule mandates that home buyers with good credit scores pay higher mortgage rates and higher fees to subsidize home buyers with riskier credit ratings and lower down payments, giving the latter group better mortgage rates and lower fees.