Thursday , 14 January 2021

DS News Webcast: Tuesday 12/9/2014

By Jordan Funderburk

Following months of talk and speculation, both Fannie Mae and Freddie Mac announced on Monday they will begin allowing qualifying first-time borrowers to purchase homes with just a 3 percent down payment. By lowering the down payment down to 3 percent, leaders from the GSEs and the Federal Housing Finance Administration hope to increase homeownership and particularly household formation …

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