Category Archives: Freddie Fannie

The Year in Interest Rates:

Info-graphic on 1 year of the 30-year fixed mortgage rate:

Fannie Mae to Stop Lenders from Cutting Appraised Values

Effective September 1st, Fannie Mae is stopping lenders from cutting appraised values of properties.  This is in response to a large number of failed real estate transactions due to large scale appraisal cutting.  Personally our firm had issues in late 2009 with 2 specific lenders who were cutting appraised values … Continue reading