jjadmin

As summer 2024 approaches, many potential homebuyers are closely watching mortgage rates, hoping for a decrease that could make purchasing a home more affordable. However, the outlook for a significant drop in mortgage rates remains uncertain. This article explores what experts are saying about the potential for mortgage rates to decrease this summer and beyond. […]

Buying a home is a significant financial commitment, and one of the biggest hurdles for many potential homeowners is coming up with the necessary down payment. With median home prices exceeding $400,000, even a modest down payment can be a substantial sum, particularly for first-time or low-income buyers. Fortunately, there are various down payment assistance

As summer 2024 approaches, potential homebuyers and sellers are closely monitoring mortgage interest rates, which have seen a significant rise over the past few years. This increase has led to a slowdown in homebuyer demand and a reduction in home sales activity, which has now reached its lowest level since the Great Financial Crisis. This

Housing affordability remains a central focus for both the federal government and the mortgage lending community, with new initiatives launched this spring aimed at reducing the costs associated with purchasing a home. These efforts align with the White House’s recent activities following President Biden’s State of the Union address, where affordable housing access was emphasized

Arrive Home, a pioneering company in the affordable housing sector, has unveiled its latest initiative, the Earned Equity Program, aimed at broadening access to homeownership for underserved borrowers. This new program represents a significant addition to Arrive Home’s mission to provide alternative credit solutions for individuals who might not qualify for traditional mortgages. The Earned

Welcome to the Morning Roundup for April 23, 2024. In today’s headlines, new home sales have rebounded following an unexpected downturn in February, and significant moves are being made across the mortgage and housing industry. New Home Sales Rebound in March After an unexpected dip in February, new residential sales have bounced back in March,

Arrive Home, based in Salt Lake City, has launched a new initiative called the Earned Equity Program, aimed at providing an alternative path to homeownership for borrowers who may not qualify for traditional mortgages. This innovative program is designed to help more people achieve the dream of owning a home, especially those who face barriers

For many prospective homebuyers, especially those with lower incomes or limited savings, the dream of homeownership can feel out of reach. However, Housing Finance Agency (HFA) loans offer a pathway to affordable homeownership by providing low down payments, below-market mortgage rates, and various forms of assistance. If you’re exploring your options for buying a home,

The landscape of diversity, equity, and inclusion (DEI) initiatives is becoming increasingly fragile as legal challenges, like those spearheaded by conservative activist Edward Blum, threaten to dismantle programs aimed at promoting inclusion. These challenges, rooted in arguments against affirmative action and race-conscious policies, have already impacted college admissions and could soon extend into various industries,

The California Dream for All program, a state initiative designed to help first-time, first-generation homebuyers secure a down payment, reopened in April 2024. Last year, the program made headlines by exhausting its $300 million in funding within just 11 days. This year, with $250 million available, the program was expected to assist between 1,600 to