Posts Tagged ‘downpayment’
Coming Right Up: More Buying Power For Buyers
Attention buyers using loans to purchase property: your buying power will be increasing this Spring. The Federal Housing Finance Agency announced it will be increasing conforming loan limits almost $38,000 starting in March. First let’s look at what exactly a conforming loan limit is. Fannie Mae and Freddie Mac are the guarantors of the majority…
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Federal Down Payment Help May Soon Be Here!
Do you want to buy a home but don’t have the down payment? That may soon no longer be a problem. Lack of money for a down payment is the number one obstacle to homeownership. Many would have no problem qualifying for a loan if they had the cash to put down on a purchase,…
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