Posts with tag downpayments

Down Payment Help Becomes More Available

Having trouble scraping together a down payment is one of the most common reasons that people put off buying a home. But now, state and local governments are ramping up down-payment assistance programs for buyers who are still falling short. AnnaMaria Andriotis of SmartMoney.com explores seven of the regional options... Continue Reading »

Key Video Takeaways Evan, who hopes to buy a home one day, is getting conflicting information about how much of a down payment he'll need. Whether or not he has enough money might have an effect on when he'll be ready to purchase a home. He's heard that down payments can range from 5 percent to 20 percent.... Continue Reading »

FHA Reform Bill to Allow Smaller Down Payments, Higher Fees

The Federal Housing Administration reform bill overwhelmingly approved in the U.S. House of Representatives last Thursday will strengthen the housing finance agency, but will likely prove to be mixed blessing for homebuyers. The legislation, passed by a vote of 406 to 4, would raise fees for borrowers, give the FHA the... Continue Reading »

Sex Offenders as Building Supers? Not in NY

New Yorkers can breathe a sigh of grateful relief: politicians are stepping forward to ensure that sex offenders are prohibited from holding apartment superintendent jobs. New York politicians like state Assembly member Micah Kellner and U.S. Senator Charles Schumer are developing legislation to prevent those convicted... Continue Reading »

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