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Global sustainability platform abillion raises US$10 million Series A

Series A brings total investment in Singapore-based abillion, founded by entrepreneur Vikas Garg, to US$17 million. NEW YORK, Dec. 15, 2021 /PRNewswire/ abillion, a rapidly growing social ....

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Fannie Mae's Refinance Program for Lower-Income Homeowners Starts Next Week. Here's What to Know


With mortgage rates reaching historical lows in 2020, refinancing activity hit roughly $2.6 trillion for the year, according to Freddie Mac, the other government-sponsored enterprise that buys and sells mortgages. That marks the highest annual total since 2003, when $3.9 trillion in refinancing was recorded.
The average rate on a 30-year fixed mortgage is 2.72%, according to real estate site Zillow. For a 15-year loan, the average rate is 2.08%. The 30-year rate is expected to average 3% through 2021, according to Fannie Mae s Economic and Strategic Research Group.
I think this will have a huge impact for a lot of people, said Ziggy Jonsson, head of financial products for mortgage lender Better.com, which is participating in the Fannie Mae program. ....

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