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Both Fannie and Freddie Starting New Programs Allowing for 3% Down Payment
Today’s News Synopsis: Fannie Mae just announced a new program that will allow first-time homebuyers to put down a payment of as low as 3%. In the same way, Freddie Mac is launching their own Home...
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American Bankers Association Expects to See Economic Growth in Coming Year
Sources: Home sales perk up in Southern California as price gains slow Remodelers Optimistic About Market Improvement California seeking to suspend Ocwen Financial’s mortgage license Average...
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Pending Home Sales in California Increase for First Time in Two Years
Today’s News Synopsis: Existing home sales were low this month compared to January, although they are expected to be up from last year. At the same time, pending home sales increased 2.6%, having...
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