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HomeForumsReal Estate News & Current EventsInvestment property mortgage rates up - Fannie Mae changes
Erik Sherburne's profile image
Erik Sherburne's profile image
Erik Sherburne
  • Investor
  • from Saint Paul, MN
  • Member since Mar 31, 2015
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Erik Sherburne's profile image
Erik Sherburne's profile image
Erik Sherburne
  • Investor
  • from Saint Paul, MN
  • Member since Mar 31, 2015
Connect
Erik Sherburne
  • Investor
  • Saint Paul, MN
64
Votes |
98
Posts
Real Estate News & Current Events

Investment property mortgage rates up - Fannie Mae changes

Erik Sherburne
  • Investor
  • Saint Paul, MN
Posted Mar 15 2021, 19:42

Anyone else see this?

http://www.mortgagenewsdaily.com/channels/community/969950.aspx

It was sent to me by my broker.

Short version, Fannie Mae is reducing their 2nd home/rental property portfolio to 7% of the overall loans purchase which means higher rates for us.

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