Whether you're thinking about if you're ready to buy a home, are in the process of buying a home, or are considering refinancing your current home, there's information for you on Fannie Mae's newest website. Fannie Mae is America's largest source of home mortgage funds, and has designed HomePath to be "your on-line path to a home of your own." There are three different paths through the information on the website: HomeStarterPath has resources for people deciding whether home ownership is right for them, including a comparison of renting vs. buying and a calculator for estimating how much house one can afford to buy; HomePurchasePath offers services for people who are ready to buy, including mortgage application information and how to shop for a lender; HomeRefinancePath helps homeowners determine when refinancing is beneficial, and outlines the costs involved.
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