Are Interest Rates Too High?

By adminPosted on September 16, 2022September 8, 2022Posted in UncategorizedTagged affordable housing, cash out, consolidated debt, debt, down payment, dream home, Fannie Mae, financing, home loans, housing, invest, lending, lending programs, loans, new home, real estate, real estate investing, refinanceNo Comments

Although a lower interest rate can help you save money through the life of your home loan, the rate you obtain is based on certain factors. Some of these circumstances are within your control and others are not. One of the greatest elements within your control is creditworthiness and the reduction of risk to the […]

Fannie Mae & Freddie Mac Mortgage Loans FAQs

By adminPosted on April 13, 2022Posted in UncategorizedTagged accessible loans, affordable financing, Fannie Mae, financing, Freddie Mac, home buyer, home buying, loans, mortgageNo Comments

There are two large companies that guarantee most of the mortgages in the U.S. They are the Federal National Mortgage Association (FNMA) known as Fannie Mae, and the Federal Home Loan Mortgage Corporation (FHLMC) or Freddie Mac. In 2008, following the most serious financial crisis since the Great Depression, the U.S. government took over operations […]