Tag: low-income refinance

Fannie Mae and Freddie Mac Announce New Refinance Program for Low-Income Families – Dated April 28, 2021 – NEW CHART – Fannie Mae RefiNow™ vs. Freddie Mac RefiPossible™ Comparison.

Written by: Sue Villanova, Staff Writer Article Intro Paragraph In this update, the FHFA (Federal Housing Finance Agency) announced that it is directing Fannie Mae and Freddie Mac to implement a new refinance option for low-income families. Eligible borrowers will benefit from a reduced interest rate and a lower monthly payment. Rule Synopsis: The FHFA […]

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