Tag Archives: hud

5 Surprising (and Useful!) Ways to Save for a Down Payment

One of the biggest misconceptions of homebuying? The 20% down payment. Here’s how to buy with a lot less down. Buying your first home conjures up all kinds of warm and fuzzy emotions: pride, joy, contentment. But before you get … Continue reading

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FHA Strong Enough for MIP Cut, Analysis Suggests

Daily Real Estate News | Friday, February 24, 2017 Is now a good time for FHA to reduce hurdles to homeownership with a lower mortgage insurance premium? NAR says yes, but the Trump administration and some members of Congress aren’t … Continue reading

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Fannie Mae Tweaks 3% Loan Program

Daily Real Estate News | Thursday, July 28, 2016 Fannie Mae announced that it has changed income maximums and some eligibility criteria for its HomeReady mortgage program that it believes will allow more borrowers to qualify for a mortgage with … Continue reading

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Trends That’ll Influence Homes in 2016

January 2016 | By Barbara Ballinger Design changes, as does architecture. Trends don’t emerge as rapidly here as they do in say, food or fashion, but the economy, the environment, and demographics all spur shifts in the choices of materials, … Continue reading

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How to Assess the Real Cost of a Fixer-Upper House

By: G. M. Filisko When you buy a fixer-upper house, you can save a ton of money, or get yourself in a financial fix. Make sure you have the time, skills, and desire to embark on home improvement projects before … Continue reading

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Changes to Real Estate License Law on July 1, 2010

Changes to the real estate license law haven’t been made in decades until now.  As of July 1, 2010, the first review and comprehensive changes were made.  Changes were made to: Real Estate Salesperson Titles The titles of real estate … Continue reading

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Grant to CBC to benefit Pasco downtown revitalization

A new grant from HUD’s Hispanic Serving Institutions Assisting Communities program will be used by Pasco’s Columbia Basin College to work with groups in the community towards downtown Pasco revitalization. The $600,000 grant will be used towards improving the appearance … Continue reading

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Stimulus plan could help Tri-Citians get HUD loans

By the Herald staff More homebuyers in the Tri-Cities will be eligible for loans insured by the Federal Housing Administration thanks to a provision in the stimulus package that temporarily raises loan limits, the U.S. Department of Housing and Urban … Continue reading

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Limits raised for max on insured mortgages

New permanent limits on the maximum mortgage amount insured by the Federal Housing Administration will take effect Thursday. In the Tri-Cities and many other markets in Washington, the limit on a one-family home will increase 35.4 percent from $200,160 to … Continue reading

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