Tag: Homeowners

FHA to reduce cost of mortgage insurance

Written by Federal Title on 2015-01-12.

In an attempt to bring more First-Time Homebuyers back into the housing market, the Federal Housing Administration ("FHA") recently announced that it would reduce its annual mortgage insurance premiums from 1.35 percent to 0.85 percent. ...

Property tax relief for seniors

Written by Federal Title on 2014-02-21.

Did you know that the District of Columbia provides a substantial discount on real estate property taxes for seniors? If eligible, a senior can save 50% on their property tax bill. The income threshold has been updated several times since...

DC wants to ‘Open Doors’ to potential home owners

Written by Federal Title on 2013-09-17.

A new program from the DC Housing Finance Agency (DCHFA) called ‘DC Open Doors’ seeks to make homeownership in the District even more affordable. This new program offers qualified homebuyers a variety of mortgage loans, including FHA and...

HARP extended 2 more years

Written by Federal Title on 2013-04-16.

The Federal Housing Finance Agency (FHFA) announced earlier this month that Fannie Mae and Freddie Mac would extend the Home Affordable Refinance Program (HARP) through December 31, 2015 earlier this month. The HARP Program was originally...

What does it mean when my DC property is classified as Class 3?

Written by Federal Title on 2013-04-09.

As a real property owner in the District of Columbia, the last thing you would ever want or need is for the Department of Consumer and Regulatory Affairs to classify your property as Class 3 – Vacant Real Property. That’s because the...

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Tag: Homeowners

FHA to reduce cost of mortgage insurance

Property tax relief for seniors

DC wants to ‘Open Doors’ to potential home owners

HARP extended 2 more years

What does it mean when my DC property is classified as Class 3?

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