Fannie/Freddie to decrease down payment requirement to 3%

In the past, the minimum down payment you could make was 3.5%, now Fannie/Freddie Mac are accepting loans with as low down payment as 3% to those who qualify.


http://www.latimes.com/business/la-fi-fannie-mae-freddie-mac-mortgage-downpayment-20141208-story.html

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