People who are wanting to purchase a home but have been short of funds will be happy to know help is available again! It has been awhile since home buyers could receive downpayment assistance. The Metro Mortgage Assistance Plus Program has $15 million in funds for assistance, which is expected to last through the end [...]
The Federal Housing Administration (FHA) is extending its 90-day “anti-flipping” rules through 2014. This action is excellent news for single-family investors, buyers and rehabbers who are seeking low-interest mortgages with a low down-payment. By extending this rule FHA hopes to increase, “the availability of affordable homes for first-time and other purchasers, helping stabilize real estate [...]
The Federal Housing Finance Agency (FHFA) announced that conforming mortgage loan limits for 2013 shall remain unchanged from the previous year. Explanation of a “Conforming Loan Limit” Loans that are made to individuals are sold on what is known as the “secondary market.” It is common practice for a local lender to sell a loan, [...]
The Federal Housing Administration (FHA) , facing a $16.3 billion deficit, will increase mortgage fees next year. FHA, the primary source of funding for first-time home buyers and those with modest incomes, said it would raise the premiums it charges on loans it guarantees by 10 basis points, adding, on average, about $13 per month [...]
Trail of Lights Over a million lights will be illuminating both of the Botanic Garden properties tonight through January 1, 2013. This is a fun trip to take with family and friends! It is amazing how beautiful the lights make the night! Be sure to dress warm and bring some cash for cocoa! This year [...]
Kristal Kraft
The Berkshire Group, REALTORS®
3801 E. Florida Avenue, Suite 400
Denver, Colorado 80210
720-279-4599 direct
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