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Posts Tagged ‘USDA’

New Construction: KB Homes in Clermont Florida

Monday, February 28th, 2011

Call or email us now  to schedule an appointment to view the newest KB Homes development in Clermont, Florida. Located off Highway 50 near John Hancock Road, this community qualifies for USDA financing (100% down). Purchaser must meet USDA qualification guidelines. Choose from 10 different floorplans ranging in price from the $140,000′s to $190,000′s. 3 to 6 bedroom [...]

New Construction: KB Homes in Davenport, Florida

Friday, February 25th, 2011

Call or email us now  to schedule an appointment to view the newest KB Homes development in Davenport, Florida. Located within minutes to Interstate 4 and Champions Gate, this community qualifies for USDA financing (100% down). Purchaser must meet USDA qualification guidelines. Choose from 10 different floorplans ranging in price from the $140,000′s to $190,000′s. 3 to [...]

Mortgage Interest Rates as of February 11, 2011

Friday, February 11th, 2011

The average rate on the 30-year mortgage topped 5 percent this week for the first time since April. Freddie Mac said Thursday that the average rate rose to 5.05 percent from 4.81 percent last week. It hit a 40-year low of 4.17 percent in November. The average rate on the 15-year home loan, a popular [...]

USDA mortgage program runs out of money

Thursday, April 1st, 2010

WASHINGTON – March 31, 2010 – A no-down/low downpayment program for rural areas is running out of operational money, jeopardizing sales in some Fla. areas.  Last week, the United States Department of Agriculture (USDA) announced that funding authority for its popular Rural Housing 502 Single-Family Loan Guarantee program would, according to its notice, “likely be [...]