I am thought of refinancing my home. I can drop 2 percentage points off my current loan. The only problem I have is that the new loan is related some how to freddie mac. Is refinancing my loan to a FM backed loan a potential danger in the future? Or do I have nothing to worry about?
As a borrower you have nothing to worry about. Also, the federal government has shown they will toss any amount of money into FM to keep it afloat.
No do not worry about Freddie Mac, the now federal government owned bank.
Excellent Luck, Bob
if you owe the money, you have no problem. reckon about it. if you borrow money and the company goes out of busness would you worry??