Rates Reduced for Investment Properties and Secondary Homes - Daytona, Port Orange, Ormond, Florida
Are you in the market for an investment property or second home purchase? Now is the time to act! The policies set in place by the Federal Housing Finance Agency (FHFA) earlier this year, which led to increased fees and rates, have been put on hold. Preferred Stock Purchase Agreement: IMPLMENETED APRIL 2021 In January, the FHFA implemented the 2021 Preferred Stock Purchase Agreement (PSPA). Within it was a rule limiting secondary and investment home loans to only 7% of Fannie