Tuesday, October 20, 2009

New Home Loan Plan

The federal government will attempt to assist local housing finance agencies provide inexpensive mortgages to low and moderate home buyers. There is no word yet as to exactly how much or how long this initiative will be available. Hopes are that the new initiative will help stabilize the current housing market and provide many affordable mortgages for the working family. There is no approval needed from congress as this money will be pulled from the 2008 Housing and Economic Recovery Act.


Have a great day!
GreatWest GMAC

2 comments:

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  2. Dear blogger, thnx for providing this kind of information... I found it first-class. Have a nice day,  !!


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