There’s a very interesting article posted on Motley Fool yesterday about why Fannie Mae’s and Freddie Mac’s troubles are so important to not just investors, but all potential and current homeowners. If they fail it would signal the end of a reasonably priced mortgage for a large percentage of us. Only those with deep savings [...]
Buying a home is no minor decision. Aside from the short term changes and the hassles of moving the mortgage you’ll need to make the purchase will be the largest chunk of debt you will have ever promised to repay. So be sure you understand the different types of loan programs available and be very [...]