Up 2 Date Rates

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Latest Content

McLean, VA – Freddie Mac (NYSE: FRE) today reminded its servicers of the disaster relief options available to borrowers with Freddie Mac-owned mortgages who were affected by Hurricane Gustav. Freddie Mac is one of the nation’s largest investors in...
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If you're cut out for it, life as a landlord can be quite profitable. But success isn't assured. Here's what you need to know before diving in. The idea of owning rental real estate seems to be gaining popularity as investors tire of the...
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Today’s reverse mortgage programs contain numerous safety features to reassure seniors that they retain their rights as the homeowner, and they cannot put themselves, their home, or their family at any financial risk. These protections are mandated by..
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Many of the same costs that someone pays to obtain a home purchase loan, or to refinance their existing mortgage, apply to reverse mortgages too. You can expect to be charged an origination fee, up-front mortgage insurance premium (for the FHA Home...
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1. Awareness Homeowner learns about reverse mortgages from a news article, advertisement, word-of mouth, etc. 2. Upfront Education Homeowner contacts a reverse mortgage lender or the National Reverse Mortgage Lenders Association to learn more about..
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