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Home · Blog · Borrowers

Standard Down Payment Goes Down, New Home Ownership Opportunity Rises

Helpful Hints, Home Trends, Moving Tips, News, Purchasing Information
By NewHomesGuide January 27

Good news for people shopping for a new home—some homebuyers may be eligible to make a down payment as low as 3 percent under new lending guidelines announced in December 2014 by Fannie Mae and Freddie Mac. The new loans will be 30-year fixed rate loans made to qualified buyers for primary residences, although policies

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