VA Funding Fee Decrease Actually Was A Trick! After posting Government Loan Changes Effective October 1st, I was given an update that the VA Funding Fee will remain at current levels pending the President's signature of a bill that passed the House and the Senate.
The pending legislation will have an effect on if or when the VA Funding Fee will be decreased.The tenative date is November 17th.
Not sure what exactly the VA Funding Fee is... watch this short video about the use of the VA Funding Fee and Mortgage Insurance for VA Loans.
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Markita, that doesn't surprise me. This financial market is so up and down that we can only hope that it gets better at some time in order to be able to get and have more business in the future.
James the governement is doing "business as usual"...