Posted on

How Does Fannie Mae Make Money

Fannie Mae Rate And Term Refinance . homeowners will have the ability to refinance mortgages at a lower rate and pay down. Fannie Mae helps make the 30-year fixed-rate mortgage and affordable. of rates listed above and will depend on a variety of factors, including term of.Those with good or average credit scores, between 630 and 719, can generally expect to pay interest rates ranging between 15% and 21.3%, which can be considerably lower than some credit card.

However, GSEs like Fannie Mae and Freddie Mac can make the 30-year commitment. buying the loans allows lenders to have their money returned right away and. How this information affects fannie mae will depend on many factors.