A trifecta of conditions (Low interest rates, reduced prices and first time buyer programs) makes now the perfect time to buy your first home.
The Nevada Housing Division provides mortgages and down payment assistance to for low to moderate-income families. The program currently has $102 million in funding for its first-time homebuyer program and expects its interest rate to stay at 4.5 percent for a while.
The Federal Government has also extended the first time homebuyer tax credit through April, 2010. These factors combined with reduced home prices make now the perfect time for first time homebuyers to invest in a home.
Read the full Reno Gazette Journal story by Jason Hidalgo
Housing division offers low rates for low-income first-time buyers
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