On Thursday, March 16th, President Trump released the “America First – A Budget Blueprint to Make America Great Again.” The budget does not include many details, but is more an outline of President Trump’s spending proposals. House and Senate appropriations committees will review the budget proposals and will develop the final budget documents for theContinue reading “Nation: President Trump Releases Budget”
Tag Archives: FHA Mortgage Insurance Program
Nation: HUD Suspends FHA Mortgage Insurance Premium Rate Cut
One of President Trump’s first executive orders suspended a 25-basis point fee reduction for FHA mortgage insurance premiums. NAR estimated that the fee reduction would have opened homeownership to an additional 30,000 to 40,000 homebuyers. The reduced premium would save the average FHA borrower $500 a year in insurance costs. The Department of Housing and Urban DevelopmentContinue reading “Nation: HUD Suspends FHA Mortgage Insurance Premium Rate Cut”
NAR President On Condominium Regulations
In October NAR 2015 President Chris Polychron testified before the Housing and Insurance Subcommittee of the House Financial Services Committee. The hearing focused on H.R. 3700, the “Housing Opportunity Through Modernization Act of 2015,” which NAR supports. This legislation includes a number of provisions to ease the sale and purchase of condominiums with FHA mortgageContinue reading “NAR President On Condominium Regulations”
Larimer REALTORS Meet with Rep. Polis
A group of 21 REALTORS and staff met with Congressman Jared Polis recently during the August Recess. The meeting was scheduled at Polis’s request; he has consistently expressed learning more about the market in Larimer County, which became part of his district in January. Polis said he opposes the PATH Act, a bill that includesContinue reading “Larimer REALTORS Meet with Rep. Polis”
IRES MLS: Come Home to Colorado 