The higher cost for borrowers in a Senate bill reforming Fannie Mae and Freddie Mac corresponds to the protection for taxpayers that was missing in the old system, writes an economist.

Topics:  senate   fannie mae   freddie mac   economist   reform   cost   borrowers   
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    Is It Worth ... extra toward your loan. If you don’t make a down payment of at least 20% of the home’s purchase price, then you’ll likely have to pay for private mortgage insurance. The cost ...
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