Real Estate & Home

President Donald Trump: I have an idea to help first-time homebuyers

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Former President Donald Trump proposed using federal funds to support first-time homebuyers and veterans by contributing up to 6% of a home's purchase price toward closing costs or interest rate buydowns for those using FHA or VA mortgages. This initiative aims to improve housing affordability, reduce upfront costs, and lower monthly mortgage payments, potentially stimulating the housing market and benefiting the broader economy.

Read the full article at HousingWire

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