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California is hitting the pause button on its home loan program. Demand was so high, the state ran out of money in 11 days. The program had 300-million dollars

Victoria Offers Help with Down Payments, Closing Costs

Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have plenty of options.

In the home ownership market. these are some concerning numbers. 43% home ownership among black families, well below 72% for whites. hispanics, this is actually trending in the right direction. this is the first time it's been above 50%. but again, there is a big gap here. i do think, though, that the idea of no credit scores, no down payments, that's going to raise some concerns about kind of bringing back some bad memories of the prime mortgage crisis. bank of america says they're going to still do their due diligence, make sure people are paying their rent, their utility bills, their phone ...

The announcement comes as interest in Federal Home Loan bank funding has experienced a resurgence, with advances up 48% in the first six months this year.