The international markets have finally moved back in and the investor confidence is up again for mortgage backed securities since the announcement of a government bailout. This had a direct impact Monday on mortgage rates across the board. What does this mean to the end consumer? It means that you should be able to take [...]
Full Story »USDA: Rural Housing Program: Another Alternative For Zero or Nothing Down Borrowers
Well it sounds like Down Payment Assistance might be back but with changes. Until this does take effect I have been scouring through loan programs looking for good alternatives for clients with little or nothing down. The USDA Rural Housing Program is another viable mortgage option to help clients with nothing down. Here are the Pros: [...]
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