Home Buying Tips

Homeownership is becoming a reality for more and more Americans. During 2000, the US homeownership rate reached 67.7%, the highest rate ever. Yet many Americans don't realize that homeownership is within their grasp. Today in 2008, we find it a Buyer's market and interest rates are at an all time low.

A home is a financial asset and more: it's a place to live and raise children; it's a plan for the future; it's an investment in your community. That's why the U.S. Department of Housing and Urban Development want all Americans to have an opportunity to enjoy the benefits of owning a home. And they are especially proud of their work to help first-time homebuyers: thanks to their special programs, more than 81% of FHA-insured loans went to first-time homebuyers during 2000. It continues to be a strong purchasing tool.