While the first-time homebuyers welcomed news of a down payment assistance grant or tax credit, the mortgage industry and housing experts expressed deep skepticism.
Two proposals under consideration in Congress aim to give first-time homebuyers a leg up by offering a grant at closing time, or a tax credit after the fact. Loan officers — who are monitoring the progress of both legislative efforts closely — aren’t in love with either of those options.
Allison James Estates and Homes operates in California, Florida, Maryland, Massachusetts, Nevada, Texas, Virginia, and the District of Columbia. Continue Reading Allison James Estates and Homes Joins United Real Estate
The Retail Capital Markets business of Newmark Group Inc. announced the sale. Continue Reading Retail Component of Miami Worldcenter Sells for $210 Million
Davidson has been trying to sell the condo since 2022, when he listed it for $1.3 million. Continue Reading Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Deputy Attorney General Todd Blanche will serve as Acting Attorney General until a replacement for Bondi is named. Continue Reading Trump Removes Pam Bondi as Attorney General
The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
“Where the federal government has exclusive authority to regulate appliances and infrastructure, we will fight state and local overreach,” said Principal Deputy Assistant Attorney General Adam Gustafson. Continue Reading Justice Dept. Sues New Jersey Township Over Natural Gas Ban
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