The new program is aimed at first-time buyers
In a few days – Dec. 13, to be exact – first-time buyers can get a mortgage with just 3 percent down from lenders, and guaranteed by Fannie Mae, The Washington Post reports.
Freddie Mac will offer a similar option on March 23. In an effort to bring more first-time buyers into the market, the low down payment mortgages are aimed at borrowers who have not owned a primary residence within the past three years.
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year
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