Just before the end of November, the Federal Housing Finance Agency (FHFA) announced new maximums for 2020 conforming loan limits on mortgages
Buyers aren’t the only ones who can benefit from low mortgage rates. Homeowners can also take advantage. Whether ‘to refinance or not?’ is a common question when mortgage rates are low.
At the end of July, Chairman Jerome Powell announced a cut in interest rates for the first time in over a decade. The Federal Reserve made a cut of 0.25 percent or 25 basis points – the first such move since the December 2008 financial crisis.