By: Keith Katzman
Posted on:
Category: Homebuyer Advice
Tags: Alameda County, Bankrate, Contra Costa County, Freddie Mac, Home Possible Advantage, Marin County, mortgage, Mortgage Services Professionals, Napa County, San Francisco, San Mateo County, Santa Clara County, Solano County, Sonoma County
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Last December, Freddie Mac launched Home Possible Advantage, a program designed to help buyers with limited savings purchase a home by allowing for a down payment as low as 3 percent. And with mortgage rates projected to increase later this year, those who qualify for the program – particularly first-time buyers — should consider leveraging it to make their homeownership dreams a reality.