Appraisals Not Always Needed for Fannie and Freddie Mortgages Freddie Mac is opening itself up to over 150,000 potential individual lawsuits. This is a response from Mike Ford to Kenneth Harney’s article, "Freddie Mac planning appraisal-free mortgages".. I represent the American Guild of Appraisers, #44OPEIU, AFL-CIO, and the real estate appraisal-related consumer and taxpayer interests of our more than fifteen million afl-cio members.
This is the story of an FHA refinance with my first blog and my first dog. The 5% rate for FHA refinance without and appraisal is helpful in these trying economic times. You may not have an appraisal and be upside down like the clown standing on his head at the circus and this is not a problem for the FHA streamline refinance.
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mortgage Mortgage rates increased for the 1 st time in 7-weeks in the week ending 20 th June. 30-year fixed rates rose by 2 basis points to 3.84% following no change from the previous week. That left 30-year.