Are Second Mortgages About to Make a Comeback? Freddie Mac Has a New Proposal

MoneyWise, May 22, 2024–Chris Clark
In a landscape of fluctuating interest rates and economic uncertainty, homeowners are often on the hunt for financial flexibility. Their options include a second mortgage, which may get new fuel thanks to a proposal from Freddie Mac that could revive interest in the long-dormant borrowing strategy.
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