More new homes were sold nationally in July than in nearly a decade. Signs are pointing to a healthier housing market. Thank millennials and thank homebuilders who are starting to produce more of the starter houses young people demand.
Julia McCreight of AuburnBank and winner of the 2016 #LendersTakeASelfie contest is the subject of our summer Lender Spotlight.
More than 1,900 votes were cast in our #LendersTakeASelfie contest, and the winner is Julia McCreight of Auburn Bank, and her customers, Jason and Kaitlin Smith of Opelika!
AHFA has revised the sales prices limits for borrowers using a Mortgage Credit Certificate. The maximum home purchase price for a loan with a MCC is $255,573 (borrowers in a target area can buy a home costing as much as $312,361).
Mary Ann McGarry, CEO of Guild Mortgage Company, explains why the homeownership options available through housing finance agencies - like AHFA - continue to be smart investments for first-time homebuyers.