mortgage loan
Strategies for navigating today's housing market
Submitted by Carson Now Reader on Tue, 03/26/2024 - 12:29pm
According to Redfin, home prices in Nevada were up 9.7 percent year-over-year in February 2024. At the same time, the number of homes for sale in the state fell by 20.8 percent. While home prices are on the rise, the supply of homes for sale is not meeting demand, creating what is considered a “tight” housing market across the Silver State.
Greater Nevada Mortgage grants middle-income homebuyers $50,000 for down payment and closing costs
Submitted by Carson Now Reader on Wed, 09/20/2023 - 3:45pm
For 20 Nevada homebuyers, homeownership became a reality with the Middle-Income Down Payment Assistance program offered since May through Greater Nevada Mortgage, a subsidiary of Greater Nevada Credit Union.
The pilot program, made possible by the Federal Home Loan Bank, offered a small number of financial institutions, including GNCU, up to $1 million to disperse among qualifying middle-income homebuyers. Those eligible could receive $50,000 towards closing costs and down payment assistance on their first home.
