low-down-payment

There’s a new down payment program that’s taking the mortgage industry by storm. Earlier this year, Fannie Mae and Freddie Mac announced a new conventional loan program that allows homebuyers to purchase a house for as little as 3% down. Couple this low down payment loan with historically low interest rates, and you’ll quickly understand why experts are calling 2015 the year for first-time homebuyers.  Click here to read more »