Mortgage Interest Calculator Fannie Mae eases standards It no longer will require higher down payments for loans in areas where home prices are ... (Philly.com)
WASHINGTON - Fannie Mae, the big lender, is doing away with higher minimum-down-payment requirements for borrowers in parts of the country where home prices are dropping. It is relatively easier to apply for an online mortgage that it is for an offline mortgage. The Internet is a wonderful tool and one which you can take full advantage of when looking for the best deals in online mortgages.