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Freddie Mac takes aim at FHA with widespread expansion of 3% down mortgages

Apr 26, 2018By

It’s been more than three years since Freddie Mac rolled out a conventional mortgage that only required a 3% down payment for certain borrowers. But now, Freddie Mac is about to supercharge its 3% down program and launch a widespread expansion of the offering that puts Freddie Mac in direct competition for mortgage business with the FHA.

3d rendering of a row of luxury townhouses along a street

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