Fannie Mae and Freddie Mac Swim Against the Tide with 3 Percent-Down Loans – jennifer.legacyrealtor@gmail.com – Gmail

Recently, Fannie Mae and Freddie Mac announced plans to begin backing home loans with down payments as low as three percent. This move came just days after the mortgage giants implemented less rigid lending standards in order to give Main Street citizens with less-than-perfect credit a better chance at homeownership. According to The Association of Mortgage Professionals (NAMB), it seems the lending industry is opening its arms to the millennial generation, too many of whom have yet to own their first home. …Read More 

Fannie Mae and Freddie Mac Swim Against the Tide with 3 Percent-Down Loans – jennifer.legacyrealtor@gmail.com – Gmail.

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About Garry Callis - Legacy Real Estate Group - Colorado

Awesome Colorado Realtor! Check me out at www.legacyrealtor.net

Posted on December 23, 2014, in Market Conditions. Bookmark the permalink. Leave a comment.

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