Inimum Down Payment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

After a year of being beseeched with bad news, real estate investors got a ray of sunshine from Fannie Mae. The government-backed lender recently announced it will reduce the minimum down payment on owner-occupied multiunit properties. That amounts to a major reduction from the previous minimum of between 15% and 25%. Benzinga looks at the new rules, and how they could benefit real estate investors. Huge Potential Benefit For Real Estate Investors This move has the potential to radically expand

(Bloomberg) -- China allowed large cities to cut down-payment requirements for homebuyers and encouraged lenders to lower rates on existing mortgages, taking major new steps to halt a slump in the country’s residential property market. Most Read from BloombergUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallHong Kong to Shut Down City Before Super Typhoon Saola HitsUS Health Officials Urge Moving Pot to Lower-Risk CategoryEurope's Biggest Oil Company Quietly Shelves a Radical Plan to

Bangladesh overhauls loan repayment rules to give defaulters a longer leash