News

Foreclosed properties rehabbed to create affordable housing

Posted August 29, 2010

Source: Rutland Herald, August, 29, 2019

By: Bruce Edwards


“It’s a tough time for first-time home buyers.

Consumer confidence isn’t high and while mortgage rates are extremely low, banks have tightened up their lending standards.

But thanks to a year-old housing program, some low-income Vermonters are realizing their dream of home ownership. [More ...]

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Home sales remain sluggish

Posted August 25, 2010

Source: The Rutland Herold, August 25, 2010

By: By ALAN ZIBEL

and J.W. ELPHINSTONE
THE ASSOCIATED PRESS

“WASHINGTON — Home prices in many parts of the country scream bargain, and mortgage rates haven’t been this low for decades. So why are houses across the nation sitting on the market for so long? [More ...]

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USDA Single Family Loan Guarantee Program to Resume

Posted August 23, 2010

USDA Single Family Loan Guarantee Program to Resume

Source: USDA & Rural Development, August 23, 2010

Memo by: Tammye Trevino

Congress recently provided USDA with the authority to resume operating the Single Family Housing Guaranteed Loan Program (SFHGLP). When the Agency can resume the issuance of Loan Note Guarantees the new fee for purchase loans will be 3.5%. [More ...]

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First-time home buyers feel the pinch from economic slump

Posted August 16, 2010

Source: Times Argus, August 16, 2010

By: Bruce Edwards

“For would-be first-time home buyers, the quest to get into that home is more challenging today and likely to remain that way until the economy turns around, according to housing advocates in the state. [More ...]

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