Webster Bank launched its first special purpose credit program Tuesday, which is aimed at helping low- to moderate-income first-time homebuyers buy homes, as well as homeowners who seek to refinance their mortgages in historically underserved areas.
The Connecticut Housing Finance Authority has hired Lisa Hensley to lead the agency’s homeownership programs.
Nearly 30 percent of Millennials are tapping into their retirement savings for down payments, according to a new report from Down Payment Resource.
While economic conditions in the state of Connecticut are certainly not ideal, lenders are finding success in the residential and commercial sectors by taking community-driven approaches and following through on strategies they put into motion in previous years.
A coalition of real estate trade associations and nonprofit housing counseling providers released its findings on steps that can be taken to increase the utilization of nationwide homeownership education and housing counseling services.
President Donald Trump’s State of the Union address is scheduled for tomorrow, but realtor.com tried to steal a little of the President’s thunder by releasing its own ‘State of the Housing Union.’
Whether you already own a home or are thinking of purchasing, the new tax legislation pending before Congress poses serious questions: Am I going to get smacked with punitive new taxes? Will the value of my home decrease because previous real estate tax benefits have been stripped away? Or am I one of the lucky ones, well insulated against big losses?
Younger generations want to buy homes, and some still hold traditional views on the value of homeownership.
The message sent by Republicans in the tax overhaul bill they launched last week is unmistakable and blunt: We think homeowners and buyers have gotten much too sweet a deal from the federal tax code for far too long – and now we’re going to whack them down. No other major sector of the economy gets hit so hard in the proposal in so many places as homeownership.
If you’ve been pondering how you as a homeowner or buyer might fare under the new Republican tax overhaul plan, here are a few points to consider.
The National Association of Realtors (NAR) reaffirmed today that while it supports reforming the federal tax code, it “vowed to vigorously oppose any changes to incentives for real estate” in the proposed changes announced by Trump administration this morning, the details of which will be deliberated by Congress going forward.
Could the election of Donald Trump have unanticipated impacts on the federal tax code’s benefits favoring homeownership over renting?
U.S. housing starts rose more than expected in June as construction activity increased broadly, but a downward revision to the prior month’s data pointed to a housing sector treading water in the second quarter.
