Boston Real Estate Blog

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Boston Real Estate: Low down payments on the rise

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According to Freddie Mac:

* An individual can obtain a conventional mortgage with down payment as little as 3% out of their own pocket.

* In 2014 (so far), one in five borrowers who took out a conventional mortgage put down 10% or less.

Err…low down payments on purchasing real estate, didn’t we try this once before?

]boston real estate mortgage

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