ARCHIVED BLOG POSTS
2011
Federal Housing Grants were approved by the Obama Administration in response to the ailing housing market on December 23rd 2010. In an effort to help families find decent housing and to prevent future foreclosures the Obama administration announced nearly $73 Million in housing counseling grants ...
01/06/2011
Down payment requirements were changed by Fannie Mae on December 13th 2010. Under new Fannie Mae guidelines, buyers of owner-occupied, 1-unit properties (i.e. single-family homes,condo's,town homes) can now forgo the minimum 5% down payment from their own funds. Down payments can now be comprised...
01/05/2011