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Tag: down payment

Fannie and Freddie’s 3% Down Payment Targets First-Time Home Buyers

By on December 11, 2014 in Market Updates, Mortgage Programs
Fannie and Freddie’s 3% Down Payment Targets First-Time Home Buyers

Real Estate Media Host, Frank Garay of National Real Estate Posts expands on the new programs at 3:19 While there are concerns of another mortgage crisis in the making and skeptical lenders questioning the likelihood of safe lending, Fannie Mae and Freddie Mac executives assure that the new 97% LTV program is safe-guarded enough. Encouraging […]

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30-Year Mortgage Rates at 4.19% and No Money Down for VA Purchase Loans

By on October 2, 2014 in Mortgage Programs
30-Year Mortgage Rates at 4.19% and No Money Down for VA Purchase Loans

According to Freddie Mac’s weekly mortgage rate survey, 30-year mortgage rates are currently as low as 4.19%, making VA purchase home loans even more appealing with no money down for today’s veterans and active-duty military members. Though many borrowers may not be able to qualify since it is specifically offered only to active-duty military members […]

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