New Fannie & Freddie RefinancingI spoke with my current lender (Landmark Credit Union) last night and he informed me that there is a new Fannie&Freddie refinancing program that they will be offering starting 4/3/09. He stated it would be a streamline refi where they wouldn't increase the rate due to credit score or the fact that my home is a duplex (two weeks prior he quoted me 5.9% because of rate increases for the duplex and credit score). Last night he quoted me 5.125% with $995 in closing costs. Has anyone else heard of this type of program? I'm more than willing to change lenders if there is a better deal out there. Or should I lock in? I've called one other lender today and they had not heard of this program. Any thoughts?March 25 2009 - Milwaukee00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.