Freddie Mac recently announced updates that aim to simplify and streamline the process of making loans conforming to its standards.…
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Prior to the July 29 Fannie Mae changes, adjustable-rate mortgages required lower loan-to-value, combined loan-to-value, and high combined loan-to-value than…
The Federal Reserve raised the fed funds rate to a quarter percentage point, now between 0.75% to 1.00%. Forget the…
Any mortgage discussion is incomplete without a topic on fixed-rate mortgages (FRM) and adjustable-rate mortgages (ARMs). They are the basic…