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Is a HELOC or home equity loan better this fall? Here’s what experts say

August 21, 2024  link to original article Persistent inflation that has dogged the economy is significantly cooling. The most recent Consumer Price Index (CPI) report showed average inflation rates below 3% for the first time since early 2021.   With inflation falling, economists widely expect the Federal Reserve to lower the federal funds interest rate, the rate […]

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Will Kamala Harris’ Plan To Give First-Time Homebuyers $25,000 Level the Playing Field or Drive Prices Higher?

August 21, 2024 link to original article Bing Guan/Bloomberg via Getty Images Vice President Kamala Harris has announced a sweeping set of proposals on housing policy, giving voters their first look at what the housing market might look like under a Harris administration. Harris unveiled the proposals as part of a populist economic plan that marked her

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National Mortgage News

Beyond Chicago, Harris seeks to ride a revival in wages, entrepreneurship and ownership

Original article by National Mortgage News can be found here, published August 21, 2024. On her way to the Democratic National Convention in Chicago, Vice President Kamala Harris stopped in Moon Township, Pa. to talk, among other things, about her plan to revive and expand the child-tax credit for the first year’s of a child’s

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Arrive Home Strengthens Leadership with New COO and Expands Team to Meet Growing Demand

CBS News original article can be found here. We’re excited to announce that Arrive Home, a national leader in affordable housing, has appointed Mark Tribuna as the company’s new Chief Operations Officer (COO). This strategic move comes alongside the addition of five seasoned mortgage professionals to our growing team, reflecting the increasing demand for our

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Down Payment Assistance: Programs to Help You Buy a Home

Jul 22, 2024 link to original article What is down payment assistance?Types of down payment assistanceDo I qualify?Finding down payment assistanceFAQs When you buy a home, you’ll need to make a down payment. Mortgage lenders typically won’t lend you the full value of the property (unless you’re getting a VA or USDA loan); you’ll need to put

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HFA Loan Programs: Benefits, Eligibility, and Application Guide

Jul 22, 2024 link to original article What is an HFA loan?How HFA loans workBenefitsCompare to other mortgage optionsHow to applyFAQs For hopeful homebuyers with lower incomes and little savings for a down payment, becoming a homeowner can seem way out of reach. Fortunately, there are a number of programs available that can make buying

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Navigating Down Payment Assistance: A Guide to Homebuying Help

Business Insider link to original news article. Published July 22, 2024 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

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Unlocking Homeownership: A Complete Guide to HFA Loans and How They Can Help You Buy a Home

Business Insider link to the original article. Published July 22, 2024 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

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