Tag: Ltv

Fannie Mae and Freddie Mac Announce 3% down loans.

Here is a news release we saw on Housing Wire a few minutes ago: Both government-sponsored enterprises officially announced their individual 97% loan-to-value products, in the government’s latest attempt to expand the credit box for first-time homeowners. Back in October, the Federal Housing Finance Agency announced a number of policy steps aimed at increasing mortgage […]

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