Recent News:
Source: GreenPath Financial Wellness
GreenPath’s new Learning Lab provides carefully-designed coursework created by financial counselors and education specialists. Among the topics covered are understanding how credit scores are calculated, navigating housing finances, prioritizing a monthly budget in the face of income loss, and many other engaging educations experiences. The coursework is provided free of charge.
Source: NPR
Five years ago, Donald Strayer thought he'd bought a dream home for his extended family. It was on a pretty spot in Ohio's Appalachian mountain foothills, with room for him and his wife, his daughter's family, plus their horses and goats. And he could actually afford it.
Strayer had been turned down for a bank loan because of bad credit — he says it's because of hospital bills years ago. The 58-year-old former forklift driver has a chronic lung disease and lives off disability. Instead of a regular mortgage, he signed what's known as a land contract directly with the seller.
Source: DownPayment Resource Center
Each quarter, we issue a Homeownership Program Index (HPI) report that examines data from our DOWN PAYMENT RESOURCE® database to uncover noteworthy changes and trends in U.S. homebuyer assistance programs.
Our Q1 2022 HPI report revealed a 2.1% uptick in the number of homebuyer assistance programs available to help people finance homes, bringing the total number of programs available to 2,238, a net increase of 46 programs over the previous quarter. Of these programs, 84.9% had funds available for eligible homebuyers as of April 1, 2022, a 1% increase.