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Mortgage Giants Ease Down Payments For First-Time Homebuyers

A new directive from the Federal Housing Finance Agency, which regulates mortgage giants Fannie Mae and Freddie Mac, will allow first-time homebuyers to put down as little as 3 percent. (Getty Images)
A new directive from the Federal Housing Finance Agency, which regulates mortgage giants Fannie Mae and Freddie Mac, will allow first-time homebuyers to put down as little as 3 percent. (Getty Images)

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