Changes to federally-backed mortgages may mean higher fees for some
Freddie Mac and Fannie Mae-backed mortgages are about to get cheaper for some people, but more expensive for others.
Freddie Mac and Fannie Mae-backed mortgages are about to get cheaper for some people, but more expensive for others.
The least ideal time to take on new debt is when interest rates are high, but according to a new Federal Reserve Bank of New York report, that’s exactly what Americans are doing.