Archive For July 13, 2017

Freddie Mac Just Made it Easier to Get a Mortgage

Freddie Mac Just Made it Easier to Get a Mortgage

A recent shift by Freddie Mac and Fannie Mae made it easier for borrowers with higher levels of debt to obtain a home loan. The government-backed mortgage giants announced that it will begin accepting borrowers with debt-to-income (DTI) ratios up to 50%.  Previously, lenders were only accepting DTI ratios up to 45%.  This policy change is…

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