That’s why Fannie Mae and Freddie Mac are paving the way for low-income borrowers whose mortgages are owned or guaranteed by them to refinance and lower their mortgage payments, saving them potentially thousands of dollars over the course of their loan. While many Americans took advantage of these cost savings and were able to lower their monthly mortgage payments, there are still millions who haven’t been able to. These low rates resulted in the most refinances in nearly two decades. ![]() For homeowners, an unexpected positive result of the pandemic was historically low interest rates. ![]() Last year was exceptional for many reasons.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |