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June 24, 2019

The mortgage giant unveiled a program for current homeowners or buyers that allows them to roll the cost of remodeling and repairs into a single mortgage. 

As homes age, more homeowners are looking to remodeling to spruce up their properties.  Of the nation’s stock of 137 million units, nearly 80% are at least 20 years old, and 40% are at least 50 years old.  Freddie Mac says its new mortgage product will help homebuyers or homeowners finance or refinance fixer-uppers. Eligible buyers will be able to finance the purchase of their home and th...

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Freddie Mac Debuts 'Remodeling Loan'

June 24, 2019

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