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First-time homebuyers shifting from FHA to conventional loans

First-time homebuyers shifting from FHA to conventional loans

by Anthony SanFilippo | Mar 30, 2021 | MS Real Estate News

FHA mortgages have been the standard practice for first-time homebuyers for decades. Federally backed loans are easier to get because of relaxed credit requirements, and they are often paired with lower down payments. Couple that with lower-than-average mortgage...
Harrisburg City Council incentive program for developers

Harrisburg City Council incentive program for developers

by Anthony SanFilippo | Mar 26, 2021 | MS Real Estate News

Affordable housing has been a concern in Harrisburg proper for quite a while now. Discussions in City Hall about how to address the burgeoning problem have been taking place, seemingly ad nauseam.

PHFA creates forgivable loan for down payments, closing costs

PHFA creates forgivable loan for down payments, closing costs

by Anthony SanFilippo | Mar 16, 2021 | MS Real Estate News

In an effort to expand affordable housing opportunities throughout the state, the Pennsylvania Housing Finance Agency (PHFA) recently launched a loan to help with the purchase of a new home. But the catch with the new loan is that it is Forgivable In Ten years, thus the name it is known by – K-FIT (The K is short for Keystone).

Eliminating escrow component may bring more activity to real estate

Eliminating escrow component may bring more activity to real estate

by Anthony SanFilippo | Jan 23, 2021 | MS Real Estate News

These kinds of fees are troublesome for Millennials, many of whom make up the homebuying market and who are often dealing with student loan debt as they look to purchase their first home.

Using tax law to create new housing opportunities

Using tax law to create new housing opportunities

by Anthony SanFilippo | Nov 6, 2020 | MS Real Estate News

Driving around your community you are probably starting to see more and more commercial properties that are vacant. Some were stores that recently vacated. Some have been sitting dormant with a “For Lease” sign on the property for a year or two.

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Recent Articles

  • Material Shortages Causing Housing Problems

    Material Shortages Causing Housing Problems

    April 7, 2021
  • First-time homebuyers shifting from FHA to conventional loans

    First-time homebuyers shifting from FHA to conventional loans

    March 30, 2021
  • Harrisburg City Council incentive program for developers

    Harrisburg City Council incentive program for developers

    March 26, 2021
  • Federal Reserve Press Release In Plain English – March 2021

    Federal Reserve Press Release In Plain English – March 2021

    March 22, 2021
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