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If 3% down is just too much, FHA has a deal for you - Politics in the Zeros
The FHA dropped mortgage-insurance costs an average of $900 a year and their loan originations for mostly first-time buyers soared 54% YOY in September. Um, if saving $75 a month on mortgage insurance means you can then “afford” a mortgage, then you actually can’t. Any unexpected bill will probably put you behind in your payments. … Continue reading If 3% down is just too much, FHA has a deal for you