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My Home by Freddie Mac homepage
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  • Buying Overview
  • Step 1
    What can you afford
  • Step 2
    Down payments and PMI
  • Step 3
    Finding your team
  • Step 4
    Finding the right home
  • Step 5
    Applying for a home loan
  • Step 6
    Making your offer
  • Step 7
    Inspecting and appraising
  • Step 8
    Closing your loan
  • Owning Overview
  • Your responsibilities
  • Your home's value
  • Maintaining your home
  • Homeownership costs
  • Refinancing Overview
  • Step 1
    Planning to refinance
  • Step 2
    Costs of refinancing
  • Step 3
    Options for refinancing
  • Step 4
    Working with your lender
  • Step 5
    Closing your loan
  • Selling Overview
  • Step 1
    Working with your agent
  • Step 2
    Costs of selling
  • Step 3
    Preparing to sell your home
  • Step 4
    Negotiating offers
  • Step 5
    Closing your loan
  • Renting Overview
  • Step 1
    What can you afford
  • Step 2
    Preparing to rent
  • Step 3
    Finding the right rental
  • Step 4
    Applying for a lease
  • Step 5
    Know before you sign
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Owning your home

You’ve worked hard to buy a home. To support your continued success, let’s discuss what being a homeowner entails.


  • Understanding your responsibilities

    Homeownership can be very rewarding, but it's important to remember that responsibilities, including continued budgeting and planning, are all part of the package.
  • Your home's value

    Understanding how your home’s value can change over time is essential. Follow along as we discuss equity, amortization, your community and other key topics.
  • Maintenance and renovations

    Similar to owning a car, your home will need regular upkeep and improvements to keep it safe, comfortable and protect its value.
  • Additional homeownership costs

    In addition to paying monthly principal and interest on your mortgage, you’ll have other required expenses to factor in.
Freddie Mac Home

These webpages are for general informational purposes only. Contact your lender, your financial advisor, and/or a housing counselor for advice or information related to your specific situation.

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