FHA

2

FHA Mortgages Makes a New Home Affordable in St. Louis

http://www.myfhamortgageblog.com

It has been a long time since I was able to make this statement; if you are currently renting you can buy a new home and not have your monthly mortgage exceed what you are paying in monthly rent. Two factors are contributing to creating a very affordable housing market for first time home buyers, FHA interest rates are at historic lows and the median home prices in St. Louis, St. Charles and Jefferson County continue to go lower. Every month I am doing an ever increasing number of first time home buyer mortgages, in the St. Louis area just under 65% of all homes purchased are first time home buyers utilizing FHA financing. The amazing item that I find in nearly all borrower cases is that the difference between the new house payment and what they were paying in rent is nearly the same, sometimes a bit lower. This includes a house payment for principal, interest, taxes and insurances, the whole enchilada!

Read more »
Dr Who's picture
Created by Dr Who 4 years 11 weeks ago – Made popular 4 years 11 weeks ago

Category: Business   Tags:
2

FHA Close to Monetizing First Time Homebuyer Tax Credit!

http://exclusivebuyeragentseattle.blogspot.com

In a video news report by Frank Garay and Brian Stevens of ThinkBigWorkSmall.com, they reported the news that HUD is getting close to allowing the monetization of the First Time Homebuyer Tax Credit. In his prepared remarks, Secretary of HUD, Shaun Donovan, cited an estimate by the National Association of Home Builders that this new tax credit will stimulate 160,000 home sales across the nation - 101,000 of which will be first time buyers who will receive the credit. Another 59,000 existing homeowners will be able to buy another home because a first time buyer purchased their home.

Read more »
Dr Who's picture
Created by Dr Who 4 years 11 weeks ago – Made popular 4 years 11 weeks ago

Category: Business   Tags:

User login

Navigation




online spanish program spanish online classes social bookmarking : share news headlines and videos facebook starbucks nutrition ipad apps for kids best iphone app for weight loss baba ramdev yoga free download online spanish lessons

FHA