The U.S. Food and Drug Administration (FDA) is strengthening an existing label warning that non-aspirin nonsteroidal anti-inflammatory drugs (NSAIDs) increase the chance of a heart attack or stroke.
Not everyone receiving a cash gifts want to make a 20% downpayment, though. Cash gifts are also allowed for low-downpayment mortgages including the FHA purchase mortgage, which requires a 3.5% downpayment; and the Conventional 97 mortgage from Fannie Mae and Freddie Mac which requires just 3% down.
You don't need to make a 20 percent downpayment. In fact, not only do you not need 20 percent down, but no money down mortgages are still available to millions of U.S. buyers. Today's home buyers have plenty of choices when 20 percent down is not an option. Click here to get a rate quote.