Today President Obama gave a speech at Central High School. He spoke about housing and how FHA will be making changes. These changes will help first time home buyers and allow them to save on their mortgage payments. This is a positive move in the right direction to help our housing economy in the Phoenix Metro Area.He said the Federal Housing Administration will begin cutting mortgage insurance in half this month.
The typical homeowner is expected to save $900 a year through the program.
"That $900 can go toward grocery, gas, children's education … that's money back in the economy," the president said.
Author:Libby Miller Phone: 623-341-0348 Dated: January 8th 2015 Views: 332 About Libby: ...
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Mojica & Associates Real Estate has over 55 years of combined real estate experience here in the Valley. Concentrating on evolving trends in a rapidly growing market, we specialize in finding the perfect opportunity for first time buyers, families looking to upgrade their home, 2nd home buyers and investors. Whether you are looking for the perfect place to hang your hat or finding qualified buyers to purchase your current property at top market prices, we can get it done for you.
Mojica & Associates Real Estate professes that the only way to best serve our clients’ needs is to continually educate ourselves and our agents on the most current and future market trends. Whether it is cutting edge technology to showcase or find the perfect home, making sure our staff is the most knowledgeable in the Valley on contracts, current laws governing real estate sales, short sales, or simply updating our listings throughout the day, we deliver.
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"I worked with Libby when I was searching to buy my first home. She was very professional and always available to answer questions and look at homes. Buying my first home was overwhelming, but Libby was patient and she made the process easy. I will definitely work with her again when i'm ready to move "