What is Fannie Mae? And how does it work?
This government-sponsored enterprise helps maintain liquidity in the mortgage market.
5 min read
Sep 04, 2025
Mia Taylor
Contributing Writer
EXPERTISE
- Real estate and mortgages
- Consumer loans
- Small business loans
- Home equity loans
- Insurance
- Credit cards
EDUCATION
- Master's degree in Journalism and Media Studies, San Diego State University
Mia Taylor is a contributor to Bankrate and an award-winning journalist who has two decades of experience. She has worked as a staff reporter or contributor for some of the nation's leading newspapers and websites including The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com.
Mia's latest articles
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Complete costs of buying a house, from down payment to maintenance (and more)
The true cost of buying a house goes far beyond just your down payment.
8 min read Aug 27, 2025 -
Do I lose home equity after refinancing?
Depending on the type of refinance, the amount you owe could deplete the amount you own.
8 min read Aug 22, 2025 -
How to get a mortgage for a vacation home
It can be fun, but can you afford it?
5 min read Aug 21, 2025 -
Types of mortgage refinance: How to choose
There are many mortgage refinance options, and more than one might suit your needs. Here’s how to choose the best one.
6 min read Aug 20, 2025 -
What is a 5/1 adjustable-rate mortgage (ARM)?
A 5/1 ARM is a common type of adjustable-rate mortgage.
7 min read Aug 20, 2025 -
What not to do before closing on a house
How to navigate the time between when you apply for a mortgage and when it closes.
7 min read Aug 19, 2025 -
What is an assumable mortgage?
It could be a smart move if interest rates are high. But will the lender allow it?
5 min read Aug 18, 2025