David MulonasMay 12, 20212 minWho are Fannie Mae and Freddie Mac?Fannie Mae and Freddie Mac are government sponsored enterprises (GSEs). They buy mortgages from lenders to free up capital for borrowers.
David MulonasApr 11, 20212 minLoan-to-value (LTV)Loan-to-value (LTV) is what lenders measure when a borrower buys or refinances a home. The higher the risk, the higher the interest rate.