“The 30-year mortgage has given people the ability to buy into the American Dream for decades, but experts at Approved Mortgage say two bills being proposed may make the consumer institution and thing of the past. The Housing-Finance Reform and Taxpayer Protection Act of 2013 and the Protecting American Taxpayers and Homeowners (PATH) Act both seek to dismantle Fannie Mae and Freddie Mac so as to move more homeowner lending into the private sector, which believe is a good thing, but some argue that it will also massively increase rates because mortgages would no longer be guaranteed by the government.” For more on this continue reading the full article at http://www.thestreet.com