The FHA recently announced policy changes on their lending guidelines.
These new policies are expected to go into effect this spring or early
summer with no specific date set yet. The most notable changes are
that the amount of seller contributions to buyers closing costs are being
reduced and upfront mortgage premiums are going up.
Mark your calendars for the Keller Williams free concert series at Kings
Harbor. The next concert is Friday, March 19th from 7-10pm!
Recent News
It's Officical! Home Buyer Tax Credit Extended!
Not only has the $8,000 home buyer tax credit been extended for first time
buyers, but it has expanded to offer up to a $6,500 tax credit for eligible
repeat buyers. Plus the income limits have been increased opening up
the program for more opportunities.
