NAR Welcomes 50% Fannie Debt-to-Income

NAR President Bill Brown credited Fannie Mae for an upcoming change that will allow borrowers with higher debt get a home loan, a move that reflects borrowers’ strengthened credit profiles and is consistent with NAR’s effort to increase homeownership among first-time buyers. Fannie Mae has also eased underwriting constraints to help buyers carrying heavy student loan debt. 

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Tax Reform

NAR seeks to assure that tax reforms support the goals of homeownership and freedom to buy, maintain and sell real estate.