TOWN SQUARE | The program, which is anticipated to be available this summer, will allow borrowers with loans backed by Fannie Mae and Freddie Mac who meet eligibility requirements to refinance into a mortgage with a lower interest rate and lower monthly payments.
TOWN SQUARE | Some buyers have plenty of cash to make a down payment on one property without selling their current home, but for those who do not have that advantage, a bridge loan is a possible solution.
AFFORDABLE HOME OF THE WEEK | Located on the top floor, the 934-square-foot condo includes vaulted ceilings, hardwood floors, a large loft that works as a home office or guest space, a gas fireplace in the living room and a balcony.
By Michele Lerner
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