Middle Class Payroll Tax Cut Extension Comes Courtesy of Mortgage Fees on Home Buyers

"The new fee is a minimum of one-tenth of 1 percent on Fannie Mae- and Freddie Mac-backed loans, and is likely to go much higher. It will be imposed for the next 10 years on most mortgages and refinancings and it lasts for the life of the loan. For every $200,000, it amounts to an extra $15 dollars a month." [Michelle Malkin]