Category Archives: freddie mac

A Farewell to ARMs?

Posted on February 15, 2011 by gatearty

Adjustable Rate Mortgages (ARMs) used to be all the rage. They represented a whopping 70% of all mortgages issued during the real estate boom! Adjustable rate mortgages vanished during the real estate downturn, however, totaling a mere 3% of the market in 2009. Fast forward to present … Continue reading →

Posted in bank, finance, freddie mac, investing, mortgage, real estate sales | Leave a comment

Say Goodbye To Fannie Mae & Freddie Mac?

Posted on February 14, 2011 by gatearty

According to a Whitehouse aid, the Obama administration will issue a White Paper later this week recommending the gradual elimination of government-sponsored mortgage backers Fannie Mae and Freddie Mac.  It will include three different options for reducing the role government … Continue reading →

Posted in down payment, fannie mae, FHA, finance, freddie mac, mortgage | Leave a comment