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White House announces new housing initiatives to boost homeownership

Housing Wire

The White House on Monday announced a series of new initiatives designed to boost U.S. The new policies are designed to help more people build wealth that stems from homeownership, and is also designed to help “boost the supply of affordable housing in many of the neighborhoods where it’s most needed,“ she added.

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Different Mortgage Options Explained

Realty Biz

Keep in mind that there are two different types of conventional loans available. Conforming loans are the best of the two because they follow the rules and regulations set by the Federal Housing Finance Agency (FHFA). Non-conforming loans do not follow the FHFA stipulations and regulations.

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How to Build a Lucrative Career as a Military Relocation Professional in 2023

The Close

This is a niche with recession-proof buyers, zero percent financing, and hot leads that need to close quickly. Easy financing through VA loans. Easy financing through Department of Veterans Affairs loans is another reason. Zero interest loans are an even bigger deal in our current lending environment!

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Lower Income Home Options Explained

Realty Biz

As you might imagine, when you are talking about square footage this small it is harder to be as imaginative with home designs. While the cost will depend largely on the design and amenities, you can expect the price to be lower. A modular design that is small in size can cost around seventy five to eighty thousand dollars.

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A Buyer’s Guide: What Is a Manufactured Home, and Should I Buy One?

HomeLight

This home type is much maligned in the United States, conjuring images of sloping floors, drafty doorways, and lower-quality construction materials. Department of Housing and Urban Development (HUD), a manufactured home is built to HUD’s Manufactured Home Construction and Safety Standards. Get Started What is a manufactured home?

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A Guide to USDA Loans: A 0% Down Payment, Low-Interest Mortgage More Homebuyers Should Consider Now

Realtor.com

While there are a variety of mortgages aimed at helping homebuyers afford a home—such as FHA loans and VA loans —one type that’s often overlooked are USDA loans, which offer excellent terms to those who qualify, including a 0% down payment and low interest rates. The restrictions of USDA loans.

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Buying a Historic Home? What to Know Before Buying and How to Preserve it

Redfin

These qualities are what sets them apart from new construction, such as a modern craftsman home or ranch style house. But, buyers beware, owning a historic home isn’t always as easy and breezy as maintaining a newly constructed one. Is it an example of a historic style or was constructed by a prominent architect? .