Tuesday, January 06, 2009

Don't believe everything you read, says NAR. As part of a housing story, a number of media outlets say buyers now need a 20 percent downpayment to get into a home, which is not true. FHA mortgages, for example, require only a 3.5 percent downpayment.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n3-010609.cfm

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