'2008 Called...': Philly Plans City-Subsidized Mortgages With 3% Down And No Mortgage Insurance

'2008 Called...': Philly Plans City-Subsidized Mortgages With 3% Down And No Mortgage Insurance Philadelphia is preparing to launch a city-subsidized mortgage that lets first-time buyers put down as little as 3% and skip private mortgage insurance, with public money covering part of the interest.Called One Philly Mo…

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