Why Washington May Eliminate The 30 Year Mortgage | Chappaqua NY Real Estate - Robert Paul's blog

Without Loan Giants, 30-Year Mortgage May Fade Away How might home buying change if the federal government shuts down the housing finance giants Fannie Mae and Freddie Mac? The 30-year fixed-rate mortgage loan, the steady favorite of American borrowers since the 1950s, could become a luxury product, housing experts on...