News Update Will 3% Down Mortgages Be a Game-Changer? - Filed - TopicsExpress

News Update Will 3% Down Mortgages Be a Game-Changer? - Filed under: Financing, Refinancing, Credit Shutterstock/Karen Roach Hoping to bust open the mortgage credit box, Fannie Mae and Freddie Mac recently brought back a 3 percent down conventional loan. The aim is to broaden access to homeownership and pull more first-time buyers into the marketplace. Years of tight lending have left scores of would-be buyers on the sidelines. Both of the government-sponsored enterpris... ow.ly/2ShkI0

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