Housing authorities and lenders added 54 homebuyer assistance programs in Q3: report
Housing Wire
NOVEMBER 9, 2023
Program providers are working around the clock to ensure the programs they offer meet the needs of their markets. Buydowns have become a preferred financing strategy for borrowers as mortgage rates have surged. Some 10% of the programs are first mortgages and 3% of programs are mortgage credit certificates (MCCs).
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