Mortgage fees increase for good credit homebuyers under new federal rule.

Mortgage fees on home loans backed by Fannie Mae and Freddie Mac are set to increase for borrowers with higher credit scores and decrease for those with lower credit scores, starting May 1. The Federal Housing Finance Agency updated its mortgage fee structure to make buying homes more affordable for people with limited wealth or income and to ensure a level playing field for sellers. However, some conservative-leaning commentators have criticized the newly adjusted fees as a subsidy from higher-income to lower-income borrowers.