How Your Rental Payment History Can Improve Your Chances of Buying a Home
A positive rental payment history can help you buy your first home, thanks to the new policy introduced by Fannie Mae and the FHFA.
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A positive rental payment history can help you buy your first home, thanks to the new policy introduced by Fannie Mae and the FHFA.
Fannie Mae recently announced the RefiNow limited cash-out home refinance for eligible borrowers. Learn more about this low-interest loan.
In the most basic sense, a “jumbo loan” (also known as a “jumbo mortgage”) is exactly what it sounds like. It is a larger-than-usual mortgage loan for borrowers purchasing a more expensive luxury property or in a highly competitive real estate market. It is important to understand what jumbo loans Continue Reading →
On November 24, the Federal Housing Finance Agency (FHFA) announced the new maximum conforming loan limits for mortgages that can be acquired by Fannie Mae and Freddie Mac starting on January 1, 2021. Per the Housing and Economic Recovery Act (HERA) the conforming loan limits are adjusted every year based Continue Reading →
The Federal Housing Finance Agency (FHFA) just announced that it will be pushing back the proposed refinance mortgage fee from September 1 to December 1, 2020. This means that Fannie Mae and Freddie Mac will not be implementing this controversial loan pricing adjustment for three more months. Understanding the Refinance Continue Reading →