Quote from @Paola Astrid: Should I refi to dscr or conventional to remove pmi?

Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes. 

@Nick Cooper you can buy with as little as 15% down on a single unit property with conventional financing.

Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.72%30-year VA rate today is 6.15%——————————————————————————————————💰 Median Sales Price:Sept: $490,000Oct: $485,000Nov: $484,995——————————————————————————————————📈 New Listings:Sept: 1,910Oct: 1,959Nov: 1,481——————————————————————————————————📅 Median Days on Market Until Sale:Sept: 20Oct: 22Nov: 24——————————————————————————————————📦 Months Supply of Inventory:Sept: 3.3Oct: 3.3Nov: 3.0🤔 What does "Months Supply of Inventory" mean?

First, this is not a Conventional loan.

However, be prepared for limited inventory, higher competition, and possible compromises.

If you had good credit (670-730 range), you have 20% to make a down payment, and sufficient income to qualify for the home you want to purchase - Would you choose the FIRST-TIME HOME BUYER or CONVENTIONAL purchase option...which would you pick and WHY?

One way to do this is to work with builders to move their inventory of New Construction Investment property.

I've always found inventory rates (and how they've moved over time ie previous 1-2 years) to be the starting point for where a market's health is at.

The only inventory is new construction.