Tag Archives: low income buyers

‘Hidden’ homeownership costs locking potential buyers in place

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Households have deferred moving, partially due to high “hidden” homeownership costs such as property taxes, insurance and climate change, according to a report. Continue reading →

Fannie, Freddie regulator wants to help more low-income homebuyers

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The Federal Housing Finance Agency wants at least 35 percent of the purchase mortgages backed by Fannie and Freddie to be taken out by low- and very low-income borrowers, up from 30 percent today. Continue reading →