Is this this situation where they will apply a fee to any new mortgages and refinanced mortgages in order to make up for the costs or is this a whole new rip-off of the tax payers?

I think it is a new rip-off. If I am correct, the government is collecting the money from the payroll tax cut by putting fees on new and refinanced mortgages to recoup the costs. Not only is that money going to be a hindrance to the very people they are trying to help in the housing market, the money the government gets from the fees is NOT going to be put back into social security to make up for the loss through payroll tax cuts.

Not to mention that the rise in the price of gas is going to erase your benefit from the payroll tax cuts in the first place. It will be like you never got a tax cut... and social security will still suffer.