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fromwww.housingwire.com
1 week ago

Detroit's new 40% down payment assistance program

Borrowers can secure a conforming first mortgage without mortgage insurance, lowering monthly payments. The assistance is repaid, along with a share of market appreciation, when the home is sold or refinanced. This new partnership will help make the dream of homeownership a reality for more Detroiters, offering the kind of affordable support that leads to long-term housing stability, said Amy Hovey, CEO and executive director of MSHDA.
Real estate
Real estate
fromwww.housingwire.com
2 weeks ago

The next generation of homebuyers is 'overloaded' and confused

Many potential homebuyers have overconfidence but low financial literacy, widespread misconceptions about down payments and mortgage insurance, and rely heavily on social media and AI.
Miami food
fromSFGATE
5 months ago

Florida Homeowners Are in Crisis. Lawmakers Want To Offer Tax Relief as a Solution

Florida homeowners face a crisis due to high costs, prompting Rep. Vern Buchanan to propose tax relief for mortgage insurance premiums.
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