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The American dream of homeownership is facing its toughest test in a generation. With mortgage rates having only recently dropped from nearly 7%, home prices at record highs, and inventory limited ...
Buying a house has long been considered an essential part of the American dream. Homeownership is a symbol of prosperity, stability and success. However, real estate mogul Grant Cardone argues ...
Real estate investor Grant Cardone has once again taken a swipe at homeownership — one of the cornerstones of the American dream — calling it a “fantasy,” a “trap” and a “terrible ...
All U.S. states are automatically eligible for HOME funds, and each receives a minimum of $3 million for the program, while local governments receive a minimum of $500,000 (unless the United States Congress assigns $1.5 billion or less to the program, in which case they receive a minimum of $335,000). [2]
On December 16, 2003, President George W. Bush signed into law the American Dream Downpayment Initiative (Pub. L. 108–186 (text)), which was aimed at helping approximately "40,000 families a year" with their down payment and closing costs, and further strengthen America’s housing market.
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