Find information about Fannie Mae and learn more about Fannie Mae’s mortgage loan rates, refinance rates and home equity loan rates. By federal charter, Fannie Mae provides. weekly average fixed-rate mortgage rate according to Freddie Mac’s Primary Mortgage Market Survey(R).
Introduction to Fannie Mae. FannieMae is a government sponsored entity that was created in 1938 as a way to add stability to the housing market. The sole purpose of FannieMae is to provide banking institutions, and other mortgage companies, a way to keep mortgages available and affordable on the market. FannieMae is funded by selling debt.
Fannie Mae Mortgage Rates Today – BRM Mortgages – At today’s low mortgage rates, this is about the cheapest. Today, Fannie Mae still operates a Homepath website, on which it lists foreclosed properties for sale. The homepath program lets buyers buy fannie mae-owned homes with simpler.
Fannie Mae Student Housing Loan Program: Fannie Mae provides customized apartment loans for student housing properties that address the special needs financing of the student housing market through its Dedicated Student Housing Loan program for properties that are specifically built for student housing with a minimum of 80% of the units leased to undergraduate or graduate students.
· Since 2009, Fannie Mae has refinanced almost 1 million loans through HARP. The program is scheduled to end on Dec. 31, 2015. For more information, speak with a loanDepot licensed loan officer at (888) 983-3240. BACK TO KNOWLEDGE CAFE. RELATED TOPICS How U.S. mortgage rates are established How a borrower’s mortgage rate is determined
Fannie Mae Vs Fha Fannie Mae is a Government Sponsored Enterprise (GSE) whose function is to purchase and securitize mortgages originated and funded by lenders, "Securitize" means that they pool the mortgages they have purchased into Mortgage Backed Securities (MBS.