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Home / Posts / Big Updates: $2,500 Credit, Housing Grants, And More Benefits!

Big Updates: $2,500 Credit, Housing Grants, And More Benefits!

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2. Lower Housing Costs For Working Families

President Biden has announced new plans to make housing more affordable by:

1) Cutting Refinancing Expenses: Homeowners might save up to $1,500 on selected refinances as title insurance requirements are waived.

2) Lowering Closing Fees: Rules are being worked on to decrease closing costs for mortgages by lenders.

3) Building and Preserving 2 Million Homes: President is calling for more housing tax credits, innovation fund for housing expansion, and increasing bank support for affordable housing.

Click here to learn more detailed information.

Big Updates: $2,500 Credit, Housing Grants, And More Benefits!_3
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