Tag Archives: interest rates

The Return Of The 3 Percent Down Mortgage Loan

Fannie Mae and Freddie Mac announce plans to re-introduce low down loans.

The real estate news just keeps getting better! From lower interest rates to loosened loan restrictions, there are great things happening for home buyers and sellers as we head toward the New loan programs for home buyersnew year.

The “Great Recession” had done a lot to change things in real estate, especially when it came to qualifying for a home loan. Standards had tightened in an attempt to correct mistakes made by practices such as “sub prime” and “stated income”, which had helped fuel issues that led to the near collapse of the industry a half decade ago. read more