Factoring in commuting costs

A recent study by the Center for Housing Policy and the Center for Neighborhood Technology suggests that borrowers of moderate means would be smart to calculate the costs of commuting before buying. Making sense of the story The study, which looked at transportation...

HomePath 3% Down payment on Fannie Mae Owned homes & updated Sneak Preview

HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low 3% down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed. A good deal for San...