As of August 1st, 2008 the new mortgage guidelines will limit the number of properties a borrower can own to four 1-4 unit mortgaged properties. This will include any owner occupied or second homes added to any newly mortgaged property one desires to purchase in the future. Freddie Mac will not count the number of mortgages on a property, first and second mortgages will be counted as one. Formerly investors… Keep reading | 2 Comments
Tag Archive for 'mortgages'
Freddie Mac changes mortgage rules, no cash out refinancing.
Published by April 23rd, 2008 in Breaking News and Finance/Economy. 2 CommentsThe Voice New Issue: Prophetic Imaginations by Jonas Clark
Published by April 18th, 2008 in Breaking News. 1 Comment
Everyday we are bombarded by secular news reminding us we are in a spiritual battle for the souls of mankind. There is much concern about the economy, jobs, housing prices, mortgage foreclosures, declining morals, attacks against family values, the war in Iraq, and the upcoming presidential election… Keep reading | 1 Comment
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