Home Builders Boost Sales with Incentives

Property sales are slowing down in certain areas of the country, due to rising home prices and increasing mortgage rates, and as a result some homebuilders are looking at new and more innovative ways of luring buyers. According to the article in the Wall Street Journal, some are introducing cash incentives while others are offering

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FannieMae Brings Back HomePath Buyer Incentives

Fannie Mae, the Federal National Mortgage Association, has revived its HomePath buyer incentives program, which provides assistance for paying closing costs on the purchase of foreclosed homes. The program requires the purchasers to actually live in the foreclosed homes they buy, so do not expect assistance if you are an investor looking to buy, renovate,

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