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Updated about 10 years ago on . Most recent reply

User Stats

160
Posts
29
Votes
Joe Impagliazzo
  • Real Estate Lender
  • Wakefield, RI
29
Votes |
160
Posts

Fannie and Freddie 3% down Announcement

Joe Impagliazzo
  • Real Estate Lender
  • Wakefield, RI
Posted

While this is great news, about the only thing that is known is this is for a primary residence, and will require PMI. They released any of the guidelines, rate adders, or any type of pricing information so don't go crazy trying to figure this out quite yet. They kind of put the cart before the horse with this announcement.

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