The Push for No Money Down Mortgage Options
Real Estate agents are campaigning across the country to keep down payments low. The National Association of REALTORS® (NAR) is using a decorated bus to tour various cities in an effort to build up grassroots support of no money down mortgages or low down payments.
Federal regulators are studying the effects of some of the riskier loans that were prevalent in recent years leading up to the housing crash. A few officials are lobbying for a minimum 20% down payment for people with credit scores below a certain level.
Read the rest of The Push for No Money Down Mortgage Options (235 words remain)
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