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October 31, 2008, Newsletter Issue #140: HomePath is Fannie Mae's Online Guide for Homebuyers
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Tip of the Week
Fannie Mae offers an online guide that takes borrowers through the process of applying for a mortgage. Fannie Mae is a private company established by the federal government in 1938 to ensure that mortgage money is available to Americans in every community.
The Fannie Mae HomePath Guide provides content that explains how to shop for mortgages and get the best refinancing rates. It offers easy-to-understand explanations of the homebuying process and provides a handy mortgage calculator, so consumers can figure how what they can and cannot afford when buying a new home.
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