Lenders Agree That Changes Will Improve Credit Availability
Regan Hagestad
March 11, 2015
Recently, two important alterations were made to government funding so that credit availability would improve. These changes included Fannie Mae and Freddie Mac’s new 3 percent down payment loans and the FHA’s reduction of fees. Expert mortgage lenders agree these offer a boost to the slumped housing market. Back in November, the FHFA responsible for overseeing Freddie Mac and Fannie
