White House Announces New Actions on Homeownership.

President Biden proposed $16 billion for the Neighborhood Homes Tax Credit, which would result in more than 400,000 homes built or rehabilitated, creating a pathway for more families to buy a home and start building wealth. The President has also proposed a $10 billion down payment assistance program that would ensure first-time homebuyers whose parents do not own a home can access homeownership alongside a $100 million down payment assistance pilot to expand homeownership opportunities for first-generation and/or low wealth first-time homebuyers.

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In this live episode MG breaks down the recent changes with FHA using ADU rental income to help you qualify for a mortgage.

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o ensure these Veterans can stay in their homes, VA is taking two steps:

We are calling on mortgage servicers to pause foreclosures of VA-guaranteed loans through May 31, 2024. During this pause we will work with servicers on workable home retention solutions for Veterans; and

We are extending the COVID-19 Refund Modification program through May 31, 2024. This extension will allow Veterans to obtain a zero-interest, deferred-payment loan from VA to cover missed payments and modify their existing VA-guaranteed loan to achieve affordable monthly payments for the duration of this extension.

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MG sits down with Christina Esposito Elite Senior District Manager for ADP to give you tips on how to streamline pay yourself and employees.

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MG

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Baby Boomers were most likely to say the opposite, with nearly half saying dating is more stressful than homebuying.

Divorce and finding a new job were the only two listed life events that a majority of respondents said are more stressful than purchasing a home.

White respondents said buying a home is more stressful than getting into college, but Black respondents said the opposite.

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On today's episode MG breaks down the updated Fannie Mae down payment requirements for 2-4 unit primary residence. This is a game changer for anyone looking to be a landlord.

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In this episode MG breaks down why the housing market has not crashed in 2023.

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On today's episode MG talks about interest rates and live call from the audience

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In this Episode MG talks about student loans repayment beginning on October 1st, how lenders will calculate those payments into your debt to income ratio and a live caller joins the show to discuss how his property taxes increased 100% and hurt his cash flow on his multi family.

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