Understanding Your Mortgage Payment: What Are You Really Paying For? When you’re planning to buy a home, understanding the components of your monthly mortgage payment is crucial. Many buyers are surprised to learn that this payment covers more than just repaying the loan itself. As part of my ongoing series on the costs of homeownership, […]
Federal Housing Finance Agency (FHFA) update
Good information to be aware of from the FHFA. Please watch video for the entire message. “…. Federal Housing Finance Agency’s (FHFA) decision to suspend foreclosures and evictions for homeowners with a Freddie Mac or Fannie Mae backed single-family mortgage for at least 60 days due to the coronavirus (COVID-19) national emergency. This decision followed the […]