Tag Archives: first time buyer

Fannie Mae New Program to Assist First-Time Buyers With Closing Costs on HomePath Properties

Fannie Mae has announced the launch of the HomePath Ready Buyer program, through which qualifying first time homebuyers can receive up to 3 percent of the home’s purchase price in closing cost assistance toward the purchase of a Fannie Mae … Continue reading

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5 Reasons Why NOW is the Time to Buy a Home

Many potential buyers are still waiting in the wings, not sure that now is the time to buy a house.  They are often afraid of buying before the market has fully recovered, and are concerned that they may lose out if they jump in … Continue reading

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My Thoughts for the Week of September 4, 2012

Wow, wasn’t it just Memorial Weekend? It’s been a wild summer in the mortgage and Real Estate business. Homes are selling like crazy and supply is down (be mindful of the bidding wars out there), interest rates are about the … Continue reading

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July NAHB Housing Market Index Jumps 6 Points

The RE markets received some good new today. The July NAHB housing market index jumped 6 points, the biggest jump in 10 years. This is a leading indicator of real estate market improvement. The fact that this is happening in … Continue reading

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Existing-Home Sales and Prices Rise, Point Toward Recovery: NAR

According to news released by the National Association of Realtors, existing-home sales rose in April and home prices continued to rise. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.4% to a seasonally adjusted … Continue reading

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All signs are pointing to increased housing demand

What do you get when you mix an improving economic outlook for the US economy, a healthy supply of housing inventory at record affordability, record low fixed interest rates, immediate passive income opportunities for investment properties, and situations in most … Continue reading

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