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According to the announcement made by the Federal Housing Financing Agency (FHFA) last Monday, conforming loan limits will remain the same throughout most parts of the country for 2015. FHFA revealed that Fannie Mae and Freddie Mac’s maximum mortgage limit would remain at $417,000 for all single-unit properties in most ...
A policy change was announced last Wednesday by the Federal Housing Finance Agency (FHFA) allowing Fannie Mae and Freddie Mac to sell existing REO properties at fair market price to any qualified buyer to be determined by the companies. The new policy only applies to single-family REO inventory of Fannie ...
Whether you’re painting your home’s exterior wall to increase your home’s value, enhance its overall appearance, or simply to protect your investment, this is actually an excellent home remodeling choice because a fresh coat of paint is enough to transform your shabby and unattractive house into an a fresh and ...
Whether you’re going to do a home renovation by yourself or you’re enlisting the services of a professional to carry out the job, keep in mind that there are still a lot of things you need to know before embarking in this kind of project. So before starting your renovation, ...
Based on Trulia’s recent Rent Versus Buy Report, homeownership continues to be a cheaper option than renting with a traditional 30-year fixed rate mortgage in all the 100 largest metropolitan areas in the United States. The report shows that buying a home is actually 38 percent cheaper than renting, which ...
Home renovation can be an expensive process but it’s still recommended especially because of the different benefits it gives the homeowners. This includes increase in the resale value of your home, better quality of life, and sometimes, lesser utility bills. Although many aspects about home renovation are flexible, one thing ...