You may be wrong to think buying homes are cheap & easy during a recession. JPM is increasing the required down payment on home purchases to 20% after a 1900% increase of unpaid mortgages this month. : wallstreetbets

level 2 Nope. I bought a apartment and 4SFRs in 2009. Did a cash out refi to get that cash. Edited to add. Only bought one house with cash. Everything … Read More

Financial institution of America’s Latest Mortgage: 3% Down and No FHA

Financial institution of America Corp. BAC -2.34% is rolling out a new-mortgage product that might enable debtors to make down funds of as little as 3%, in a transfer that … Read More

Wells Fargo to Provide Low-Down-Fee Mortgages With out FHA Backing

Wells Fargo WFC 2.72% & Co. is rolling out a brand new mortgage for debtors making minimal down funds, an providing that would enable the financial institution to step again … Read More