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And, FHA home loans require a down payment of just 3.5%, making them an ideal option for both first-time and repeat home buyers who have little cash saved. In addition, a number of Florida down payment assistance programs are available to help cover your down payment and other purchase costs.
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Buyers who find the right home at the right price are likely to see lower mortgage rates throughout 2019. The Federal Reserve has indicated it’s not inclined to raise rates anytime soon, and now there. No matter what, please remember that a fed rate cut, in and of itself, carries almost no implication for mortgage rates.
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