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The Cost of 'No-Cost Mortgages' | The Cost of 'No-Cost Mortgages' |
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In a recent column, I discussed Bank of America's new no-fee loan program for home buyers, under which lender and third-party fees are absorbed by the bank. On a fixed-rate mortgage, the borrower would pay the interest rate and points, and that's it. Read more ... http://www.washingtonpost.com/wp-dyn/content/article/2007/09/21/AR2007092100072.html?nav=rss_realestate. |
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