Mortgage Interest Rates are Still Going Up… Should You Wait to Buy? – Maggie Rose, Realtor, Presents South West Florida Luxury Homes

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For a HARP Program Refinance Loan, how do I know if Fannie or Freddie has my Florida mortgage? When Fannie and Freddie buy loans from mortgage companies those companies both make a profit off the loan while at the same time freeing up capital to make still more mortgage loans. If the loan amount is at or below the maximum amount and the loan is owned by either Fannie or Freddie the HARP 2.0 program is an option.

Should I Wait to Buy? – Maggie Rose, Realtor, Presents South West Florida Luxury Homes Today, current mortgage rates remain at historic lows around 4% – with over 63% of homeowners with mortgages paying interest rates between 3% and 4.9%, according to the Census Bureau.

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