Saturday, February 4, 2023 | The Latest Buzz for the Appraisal Industry

GSEs Officially Lower Down Payment to 3 Percent for Qualifying First-Time Homebuyers

By Brian Honea

Following months of talk and speculation, both Fannie Mae and Freddie Mac announced on Monday they will begin allowing qualifying first-time borrowers to purchase homes with just a 3 percent down payment.

The post GSEs Officially Lower Down Payment to 3 Percent for Qualifying First-Time Homebuyers appeared first on DSNews.

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Jeff Bradford

Discover Your Passion

What are you passionate about? Is it appraising? Do you find that time just flies by when you’re working on an appraisal? Appraising has a

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