According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across
New HomeReady Program For Buyers
Fannie Mae just came out with a new program called HomeReady. This program offers lower monthly payments and flexible down payments. A few highlights are:
1. Lower Mortgage Insurance equals lower monthly payments
2. Down Payment Flexiblity - Down payment funds can come from gifts and grants
3. As little as 3% down is required
For more info click here. If you have questions about loan options and the program let us know!
Melody Hall Visser is a passionate Realtor who lists, sells, and dwells in Northern Virginia. Currently, she serves as a REALTOR at eXp Realty, LLC. As a life-long resident of Virginia, Melody has....
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