June is National Homeownership Month, a time to celebrate the dream of owning a home and to recognize the organizations and individuals working to make that dream accessible to all. While much of the focus is rightly on financial assistance and buyer education, it’s equally important to talk about fairness, and what’s being done behind the scenes to ensure every person has an equal opportunity to purchase a home. That’s where two powerful initiatives from the National Association of REALTORS (NAR) come in: Fairhaven and ACT!. Both programs are transforming the way real estate … [Read More...]
June marks National Homeownership Month, a time to celebrate one of the most important milestones in life, owning a home. While many organizations work to make homeownership accessible, one of the most influential is the National Association of REALTORS® (NAR). As the largest trade association in the U.S., NAR plays a critical role in promoting, protecting, and expanding homeownership opportunities for all Americans. With over 1.5 million members, NAR is not just an association for real estate professionals, it’s an advocate for buyers, sellers, and communities nationwide. During … [Read More...]
With the passing of the FOMC rate decision, it has become clear that the Federal Reserve is taking a wait-and-see approach to the current situation regarding tariff policies. Although the vast majority of economists around the world have made predictions about what lies ahead, the effects have not yet been pronounced. Many of the recent tariff changes have also been revoked or put on pause for the largest industries, leaving many markets uncertain about the future. The key takeaway is that conditions will likely remain steady for now. The only other data release offering insight into … [Read More...]
June is National Homeownership Month, a special time to celebrate the dream of owning a home and highlight programs that help make homeownership more attainable. One standout resource for many aspiring homeowners is the National Homebuyer Fund (NHF), an organization dedicated to providing vital financial assistance to low-to-moderate income families striving to buy their first home. What Is the National Homebuyer Fund?The NHF is a nonprofit that offers down payment and closing cost assistance to qualified homebuyers. This support often comes in the form of grants or forgivable loans, meaning … [Read More...]
June is National Homeownership Month, a time to celebrate the value of owning a home and to promote opportunities for more Americans to achieve that goal. One of the key players helping make homeownership more accessible, especially for first-time buyers and those with limited financial resources, is the U.S. Department of Housing and Urban Development (HUD). HUD plays a critical role in advancing the mission of National Homeownership Month by providing essential resources, education, and support for homebuyers. Established in 1965, HUD’s mission is to create strong, sustainable, … [Read More...]
June is National Homeownership Month, a time dedicated to celebrating the American dream of homeownership and spotlighting the tools and resources that help make that dream a reality. For millions of aspiring homeowners, especially those with modest incomes, programs like Fannie Mae’s HomeReady® and Freddie Mac’s Home Possible® provide a critical pathway forward. These two government-backed loan programs are specifically designed to increase access to affordable mortgage options for low-to-moderate income borrowers. In a market where rising home prices and limited inventory … [Read More...]