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National

Average Rate*
30-Year Fixed 5.01%
15-Year Fixed 4.36%
5/1 ARM 3.93%
* Conforming FNMA Loan Amount. Rates may include points.

Information updated: 3/11/2010

Larry Burklow, Realtor®
Discover Texas Homes
3000 Joe Dimaggio Blvd. #80
Round Rock, TX 78665

Office: 512-569-6990
Fax: 877-677-0546
Cell: 512-569-6990

www.AustinHomeResource.com
Larry@AustinHomeResource.com

Fannie Mae Announces 3.5 Percent Seller Assistance on HomePath® Properties

January 28, 2010  
 
Fannie Mae Announces 3.5 Percent Seller Assistance on HomePath® Properties

Incentive Part of Ongoing Effort to Stabilize Neighborhoods

 WASHINGTON, DC — Fannie Mae (FNM/NYSE) announced today that people purchasing a Fannie Mae-owned HomePath® property will receive up to 3.5 percent of the final sales price to be used toward closing cost assistance or their choice of appliances. The offer is available to any owner-occupant who closes on the purchase of a property listed on HomePath.com before May 1, 2010.

"Attracting qualified buyers to the market and reducing the inventory of vacant homes is critical to stabilizing neighborhoods and helping the market recover. Many families are taking advantage of the federal homebuyer tax credit to buy a new home so this is a great time for Fannie Mae to offer some additional help," said Terry Edwards, Executive Vice President of Credit Portfolio Management. "Homebuyers have the option to choose between financial assistance toward closing costs or new appliances for their home."

 

NOT ALL FORECLOSURES QUALIFY

Call Me Today at 512-569-6990.

I will send you a list of Fannie Mae Approved Properties.

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Larry Burklow (Discover Texas Homes): Real Estate Agent in Round Rock, TX 

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