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2008-08-28 08:56:31
I admire dogged do-it-your-selfers. They cast aside fear of failure, learn what they need to know and take on projects while acknowledging that they’ll probably hit some snags along the way.
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2008-07-28 08:58:25
Legislation approved today by Congress will modernize the Federal Housing Administration to enable it to be more effective in helping to meet the nation’s housing needs.
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2008-07-28 08:50:50
To help shore up Fannie Mae and Freddie Mac and boost confidence in the two housing finance institutions after their share prices plunged earlier this month, the housing stimulus package approved by Congress includes a Treasury-led proposal that will temporarily expand the government’s line of credit to Fannie and Freddie and permit the Treasury to purchase an equity stake in the companies through the end of 2009.
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2008-07-02 08:55:57
Long-term Investment
• Despite recent slowdowns in some markets, housing remains a good long-term investment, and demographic demand favors housing over the long term.
• Homeownership offers immediate benefits and long-term value. Homeowners accumulate wealth for the future while enjoying the benefits of a shelter that they can use, improve and sell.
• Many buyers know the homeownership is an investment in their future. More than three-quarters of all recent buyers believed their home purchase was at least as good as an investment in stocks.
• According to the 2007 NAR Profile of Home Buyers and Sellers, first-time home buyers made a median down payment of 2 percent, while repeat buyers who financed their purchase put 16 percent down, indicating the wealth-building effect of homeownership.
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