Washington Realtors praise Congressional action to expand access to home loans
OLYMPIA, Wash. - Dec. 14, 2007 - More low-income families will be able to buy homes under new legislation approved by the U.S. Senate today. The bill lowers the down-payment requirement for a Federal Housing Administration mortgage from 3 to 1.5 percent, and increases the mortgage limit from $362,000 to $417,000. The bill now moves [...] Related Posts- AmeriDream Commends Supporters in House of Representatives, Urges Congressional Action in Support of Charitable Down Payment Assistance
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