3 Important Facts You Need to Know

Monday, October 24, 2011

Market Data

Did you know that there are 13,452 homes selling per day in the US. This is 11.3% up front last year even though we had the tax credit and other incentives during that time. Do not let the news get you down, the facts prove that things are looking up in our industry!!!

Update on USDA
USDA now has temporary funds available through November 18, 2011. That means that USDA loans currently in the pipeline can now fund. We will continue to update as we know it.

It’s Back!! $100 Down Payment Program – Through HUD
We are excited to announce that effective immediately for all offers accepted on or after 10/20/2011 the $100.00 down payment sales incentive has been approved for the next 12 months. The requirements for the incentives are: Owner occupant utilizing FHA-insured financing and offering full current list price.

This entry was posted in Mortgage News. Bookmark the permalink.

Leave a Reply