The 20 percent proposal is alive but groups are still trying to bury it. The higher initial equity the lower the probability of foreclosure is the belief.  The proposal to require 20% down payment on all mortgages is most likely be pushed back until after the next election.  Analysts estimate this could prevent up to [...]

Take Advantage Now! We have fabulous interest rates. Loan are being funded. Even though everyone knows more paper work and hassle is required, deals are being closed. If people wait too long, the Fed’s rumored tighter qualifying guidelines could be in place and reduce qualifying power significantly, in some cases…in half. If there is another [...]