A little-noticed Federal Housing Administration program will let first-time home buyers use their $8,000 tax credit for down payments or closing costs
The days of home buying with little or no money down may be back—this time thanks to Uncle Sam.
Blamed for contributing to the housing bubble, zero-down-payment loans largely vanished when the market crashed and Congress blocked seller financing for government-backed loans. Now the federal government will be forking over cash at closing. Read more