April 14, 2015
WASHINGTON, DC – Today, Fannie Mae (FNMA/OTC) announced the HomePath®Ready Buyer™program, qualifying first-time homebuyers to receive up to three percent of the purchase price in closing cost assistance toward the purchase of a HomePath property, upon completion of an online homebuyer education course. On a $150,000 home, this could result in up to $4,500 in savings for the buyer. In addition, Fannie Mae will reimburse the $75 cost of the homebuyer education course at the time of closing.
"Purchasing your first home can be an overwhelming process," said Jay Ryan, Vice President of REO Sales, Fannie Mae. "We developed the HomePath Ready Buyer program to provide first-time homebuyers with the knowledge to make informed decisions as they navigate the complexities of the home buying process. Closing cost assistance provides a cushion many first-time buyers need to more confidently face the financial responsibilities of homeownership."
Fannie Mae has partnered with Framework®, a nonprofit created by the Housing Partnership Network and the Minnesota Homeownership Center, to offer homebuyers a homeownership education course that covers both the complexities of home buying and the responsibilities of owning a home. The course contains nine, thirty-minute sessions and is entirely online.
To be eligible for the closing cost assistance and the reimbursement of the training cost:
Those interested in becoming a homeowner are encouraged to take the course as soon as possible. The course must be completed before submitting an offer to qualify. For more information on the course and to sign up, visit https://www.homepath.com/ready_buyer.html.
Florida was home to the nation's fastest growing metro area from 2013 to 2014, according to new U.S. Census Bureau metropolitan statistical area, micropolitan statistical area and county population estimates released today.
The Villages, located to the west of the Orlando metro area, grew by 5.4 percent between July 1, 2013, and July 1, 2014, to reach a population of about 114,000. State population estimates released in December revealed that Florida had become the nation's third most populous state. Today's estimates show Florida's growth to reach this milestone was propelled by numerous metro areas and counties within the state.
Florida contained seven of the nation's top 50 numerically gaining metro areas between July 1, 2013, and July 1, 2014, and these areas accounted for more than three-quarters of the state's population gain over the period:
In addition, eight counties within these metro areas were among 50 counties nationwide that gained the most population between 2013 and 2014. Collectively, these counties accounted for more than half of the state's population gain over the period:
Furthermore, six metro areas in Florida were among the 20 fastest-growing in the nation between 2013 and 2014. In addition to The Villages, they were Cape Coral-Fort Myers (sixth), Naples-Immokalee-Marco Island (10th), Orlando-Kissimmee-Sanford (16th), North Port-Sarasota-Bradenton (18th) and Panama City (19th).
"Florida's ascension, revealed when the 2014 state population estimates were released last December, was a significant demographic milestone for our country," Census Bureau Director John H. Thompson said. "These county and metro area estimates provide a more detailed picture of how this happened, showing growth in areas such as central and southern Florida."Migration to Florida from other states and abroad was heavy enough to overcome the fact that in about half the state's counties, there were more deaths than births over the 2013 to 2014 period.