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Loan costs for second homes, rentals to spike under new Fannie/Freddie rule

Loan costs for second homes, rentals to spike under new Fannie/Freddie rule

by | Apr 28, 2021 | General real estate financing information, hard money, Hard Money Lending, Housing Price Trends / Information, interest rates, nightly rental real estate, Private Lending, Property Valuation

Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department.  Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...