Honoring Dr. Martin Luther King Jr.
As we prepare to honor Dr. Martin Luther King Jr. on January 18, 2021, we are reminded of the importance of giving back to our communities and to those in need. The King Holiday and Service Act was passed by Congress in 1994, designating the Martin Luther King Jr. Federal Holiday as a national day […]
Did You Know….?
Since June is National Home Ownership Month, we created a modern and new HOWNW.com ad. Please stop by our HOWNW.com facebook page to see our new ad. It was also featured in the Home section of the Oregonian on June 7th and is in the June issue of the SE Examiner. Please share this great […]
Did You Know…
As you may have seen on Facebook earlier today: On Tuesday, the Federal Reserve announced its first emergency rate cut since the financial crisis due to mounting concerns over the economic impact from a potential coronavirus outbreak in the U.S. The Fed’s rate cut was unscheduled. It also marks the largest one-time cut—half a percentage […]
Did You Know….
This Veterans day at HOWNW.com™ we celebrate and honor America’s veterans for their patriotism, love of country and willingness to serve and sacrifice for the common good. To those in uniform serving today and to those who have served in the past, we honor you today and every day. Our goal at the Portland Metropolitan […]
Did You Know…
Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity and well-being of our county. Although Labor Day is celebrated only once a […]
Did You Know…
The month of June is designated by Presidential proclamation as National Homeownership Month. Although this distinction is celebrated in June of each year, the Homeownership Opportunities Website North-West (www.HOWNW.com) is committed every day of the year to helping first-time and low and moderate income homebuyers have the opportunity to review governmentally backed programs that could […]
Freddie Mac announced new flexibilities added to Home Possible mortgages to responsibly meet the needs of clients and their borrowers today and in the future. Additionally, they announced the consolidation of the Home Possible and Home Possible Advantage® mortgages into a single Home Possible offering, combining the features of each individual product into one offering.
New Homebuyer Program Added
Freddie Mac’s new loan program, HomeOne, offers a low 3% down payment option that serves the needs of first-time homebuyers, along with no cash-out refinance borrowers. The program has no borrower geographic or income limits and includes cancellable mortgage insurance after certain requirements are met. For more information click here.