Will 20% down be the new norm?
Posted by Hamid Grinage on Tuesday, June 7th, 2011 at 3:34pm.New QRM or "Qualified Residential Mortgage" rules are coming soon, and this will mean big changes to the way banks lend money. With the scheduled phasing down of Fannie Mae and Freddie Mac in the coming years, this is important info for anyone considering purchasing a home in the near future. Check out the Realtor Magazine link below for the full story.
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