Freddie Mac recently updated its guidelines to allow any refi that requires $500 or less in cash to close AND $0 reserves to proceed without documenting assets. Mat breaks it all down in this month's #3Points. | United Wholesale Mortgage
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41 reactions · 15 shares | We are currently experiencing an increase in housing demand that is well beyond what record low mortgage rates would typically yield. The combination of low supply and high demand is causing entry-level prices to escalate well above overall prices, triggering affordability issues for today's buyers to come up with even larger down payments. | Freddie Mac | Facebook
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