Archive for May 2022
May 11, 2022 – Freddie Mac Reduces Interest Only Interest Rate Addition and Increases Interest Rate Discount for Rent Affordability – Big and Positive Changes
Effective May 11, 2022, Freddie Mac has made the following changes to its Small Balance Multifamily Loan (SBL) program. Interest Only Payments – Freddie Mac has reduced the addition to the base interest rate from 4 bps to 1 bps for each year of interest only. This is a positive move for Freddie Mac borrowers…
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