What Happens If Freddie and Fannie Disappear?


The Obama administration held hearings this week to discuss possible solutions to the current problems affecting how mortgage loans are made. Since approximately 90% of mortgage loans are backed by one of the governmental agencies, they realize the importance of coming up with a better system that takes the risk away from the government in … More What Happens If Freddie and Fannie Disappear?

Homebuyers Beware…New Rules For FHA Loans Coming Soon


If all the recent news about the historically low interest rates has you thinking about moving forward with a purchase of a home, then the changes that will take place soon on FHA mortgages, which will result in higher costs and the need for better credit scores, should make you move faster! If you are … More Homebuyers Beware…New Rules For FHA Loans Coming Soon