United States Department of Agriculture (USDA) Rural Housing Property Eligibility Map

http://eligibility.sc.egov.usda.gov/eligibility/eligibilityAction.do USDA loans are insured by the U.S. Department of Agriculture and their biggest feature is an option for "no money down" financing - you can finance 100% of a home's purchase price. USDA loans are the same as most other … [Read more...]

Economist provides optimistic outlook for housing industry

There are reasons to be optimistic about housing over the next several years, according to Dr. Mark Zandi, chief economist with Moody’s Analytics. “I’m optimistic we have righted the wrongs that got us into this mess, not all, but most,” Zandi said as he addressed the 2013 Commonwealth … [Read more...]

The Future of Home Ownership

A Gallup poll on Home ownership - American Dream of Owning Home Lives On Gallup’s figures on home-ownership supports the American Dream of owning a home has not waned much. Most Americans, who currently own a home plan to continue owning, and a great number of those who don’t currently own a … [Read more...]

The Right Time to Buy?

Interest Rates Rising?   Freddie Mac’s Weekly Primary Mortgage Market Survey shows the 30 year mortgage rate climbed to 3.81% last week. It is the highest level in over a year. The Mortgage Bankers Association, Fannie Mae, and National Association of Realtors all predict rates will continue … [Read more...]

Hispanics Ready to Buy, But Lending Experience Falls Short

TD Bank has announced results of its inaugural Mortgage Service Index, a nationwide consumer survey that included questions addressing the Hispanic home buying experience, attitudes toward obtaining a mortgage and Hispanic home owner’s outlook on the housing market. The Index found that … [Read more...]

Mortgage Interest Rates

The Mortgage Bankers Association, Fannie Mae and the National Association of Realtors have all projected that the 30-year mortgage rate will be at least 4% by the end of 2013. If we assume that rates will still be at 4% in twelve months, here is the difference a buyer will pay if they … [Read more...]

Distressed Homes

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