by Scott Schang
November 10, 2009
Down Payment Help
Program Summary
First Time Home Buyer Down Payment Assistance is available for First Time Home Buyers within the Counties of San Bernardino and Riverside
Program Details
Eligible Buyers: First Time Home Buyers – Can not have owned a home in past 3 years
Maximum Assistance: Up to $25,000
Interest Rate: 3% Simple Interest Loan
Income Limits: 80% of Area Median Income [...]
Read the rest of this Article -->
by Scott Schang
November 10, 2009
Uncategorized
In such a volatile market as we’re in right now, on a day when conventional interest rates went up .125%, The California Housing Finance Agency in an unprecedented announcement reduced interest rates across the board.
Rate Reductions are as follows:
30 Year Fixed
Moderate Income Areas Reduced .125% to 6.75%
Low Income Areas Reduced .25% to 6.5%
35 Year interest [...]
Read the rest of this Article -->