USDA Loans Include HUD and MOD
TotalMortgage informs MHProNews if you live in a rural area and meet the income qualifications you may be eligible for a USDA Home Loan, with no down payment, 100% financing including closing costs,...
View ArticleHome Affordability Remains Steady
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), in the final quarter of 2012 74.9 percent of all homes sold in the U. S. were affordable to...
View ArticleHome Prices up 35%?
Speaking at a webinar about the improving housing market, Raj Dosaj, vice-president of the behavioral library and home price index at LPS Applied Analytics, says home prices could rise 35 percent...
View ArticleHousing Affordability Remains Strong
The National Association of Home Builders reports 73.7 percent of the new and existing homes sold in the first quarter of 2013 were affordable to families earning the annual median income of $64,400,...
View ArticleAffordable Rental Units becoming More Scarce
The competition for affordable rental housing resulting from the recession, itself partly a product of the roughly 4.4 million people who lost their homes to foreclosure, has led to a shortage of homes...
View ArticleHousing Market Improves; Policy Challenges Await
Housing affordability slipped nationwide as home prices in recovering markets rose during the second quarter, according to the National Association of Home Builders (NAHB) Wells Fargo Housing...
View ArticleHouse and Manufactured Home Repair Program for Low Income Underway
Chino Valley, Arizona launched a home repair program for low-income residents. The town joined other nearby locations in AZ, said planner Ruth Mayday, who oversaw a similar program for the town of...
View ArticleHousing Affordability Slides in Third Quarter
The National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) reports 64.5 percent of new and existing homes sold in the third quarter were affordable to U. S. families...
View ArticleFHFA Stretches Multifamily Affordable Housing Lending Categories
Both of the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, operate under a $30 billion cap for purchases of multifamily loans, according to costar. Since they each hit $10 billion...
View ArticleInterest Rates, Median Home Price Falls
The National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) reports that 66.5 percent of new and existing homes sold between January and March this year were affordable...
View ArticleBluffton SC Modular Homes Nearly Complete
In a follow-up to a story we last reported on Nov. 2, 2011, IslandPacket reports from Bluffton, South Carolina, the six modular homes designated as affordable housing are nearing completion and should...
View ArticleAmerican Families’ Net Worth Drops
OriginationNews tells MHProNews.com primarily as the result of lost home equity, the median net worth of American families plummeted from $126,400 in 2007 to $77,300 in 2010, a drop of 38.8 percent in...
View ArticleFor Profit and non-Profit Partner in Disaster Areas
CSRWire reports non-profit National Equity Fund (NEF) and financial giant Morgan Stanley are committing $25 million more in capital to support development of affordable housing and a jump start to...
View ArticleHousing Affordability Improves
According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), 74.1 percent of all homes sold nationwide in Q3 2012 were affordable to families who earned the U.S....
View ArticleRental Market may Face Challenge
According to David Abromowitz of the Center for American Progress, while housing prices improve, indicating recovery in the housing market, one third of the U.S. population rent living quarters and...
View ArticleHome Affordability Index to Set Record
According to the National Association of Realtors (NAR), the first 11 months of 2012 is setting the stage for what is anticipated to be a record year for the housing market, once Dec. numbers are in....
View ArticleHomes in America – The Land Where Even Doctors Struggle
In the United States, some are native born, some immigrate, but all are unified in pursuing the American Dream. For most, that includes owning a home. But according to a new report on housing...
View Article
