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Congress introduced a new bill that gives tax breaks to home buyers in the same way it helps people save for college and for retirement. This article...
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Fannie Mae HomePath is a unique foreclosure-sale program backed by mortgage giant Fannie Mae. Through HomePath, renters and buyers can purchase...
Roughly 1% of U.S. households file for bankruptcy each year, and many will be eligible to buy a home within 2 years of their bankruptcy discharge....
When you buy a home, you have three options for where to get a mortgage: Choosing the appropriate lender type will save you time and money on your...
A first-time home buyer is a home buyer who hasn’t owned the home they’ve lived in within the most recent three years. First-time...
Home buyers can use their 401(k) retirement funds to make a downpayment on a home, but they shouldn’t. 401(k) loans are a relic from the 1980s...
HomeReady® is the branded name of Fannie Mae’s 3 percent down, low down payment mortgage loan. It’s an affordable mortgage program for...
Home Possible® is the branded name of Freddie Mac’s 3 percent down, low down payment mortgage. It’s an affordable mortgage program for...
In 2022, the credit bureaus made a change to remove medical debt’s effect on credit scores. In a joint statement, credit scoring competitors...
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