The TRUTH Behind Biden Administration Mortgage Changes | Hot Sheet 04/20/23
BAM Hot Sheet
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The Effects of the Biden Rule on the Housing Market
FHA is eliminating these upfront fees for certain first-time home buyers low income borrowers and underserved communities. These are not high risk loans They might be higher risk loan than a 680 credit score, but they're already going through the system. I don't believe you're gonna see any stimulus That to bump up the spring market because of this But there will be one in five borrowers potentially That are gonna save a little bit of money.
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