Though Fannie Mae and Freddie Mac may have silly names, they're all about the serious business.
Who Are Fannie Mae and Freddie Mac and Why Should You Care?
by Clayton Closson on July 18, 2008 in Market Update
Fannie Mae Rules Meant to Shield Home Values, says Associated Press
by Clayton Closson on June 12, 2008 in Market Update
Many fault the credit crunch in real estate lending for falling home values. Fannie Mae has a different view of the role of tightening credit guidelines has on your home's value. See why foreclosures and inventory have more impact, and how new application rules seek to help the current situation.
Declining Market Rule Confusing to Many
by Clayton Closson on May 22, 2008 in Home Buying
Fannie Mae announced it’s ending a policy that requires more down payment, or a higher loan-to-value ratio (LTV) for home loans made in declining housing markets. But, this could mean more confusion when talking about PMI. Quicken Loans offers its analysis.
New Home Sales Slow Despite Incentives, Low Rates
by Clayton Closson on December 28, 2007 in Market Update
What’s the deal with the mortgage industry?
by Clayton Closson on September 6, 2007 in Mortgage Rates
Some economists predict the financial markets will soon calm down, making jumbo loans available to consumers who qualify for them. In the meantime, anyone who needs a large mortgage should contact a mortgage professional and discuss all available options.
What's the deal with the mortgage industry?
by Clayton Closson on September 6, 2007 in Home Buying
Some economists predict the financial markets will soon calm down, making jumbo loans available to consumers who qualify for them. In the meantime, anyone who needs a large mortgage should contact a mortgage professional and discuss all available options.
What Is a Construction Loan?
by Clayton Closson on December 16, 2005 in Market Update
Thinking about building your dream home? You'll probably need a construction loan. Find out what a construction loan is and how to estimate how much you can afford to spend.
Conforming Loan Limits to Increase Significantly
by Clayton Closson on November 30, 2005 in Market Update
Fannie Mae will increase the conforming loan limit in January 2006. However, some lenders are making the change immediately, ahead of Fannie Mae. How much is the increase and what does this mean for existing and prospective homeowners looking for a mortgage?
Lenders Raise the Limit for Jumbo Loans
by Clayton Closson on October 14, 2005 in Mortgage Rates
Fannie Mae and Freddie Mac are expected to increase the loan limit for jumbo-sized loans. Some lenders are already allowing clients to borrow up to $400,000 with lower non-conforming interest rates. Could this mean big savings for you?
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