Could Homestead Exemption Move Needle For First-Time Buyers?
As first-time and lower-income buyers are being squeezed out of bidding wars against cash-rich investors, the homestead exemption could help combat take over by Wall Street, columnist and investment professional Conor Sen argued in Bloomberg. FHFA is attempting to address this issue by awarding a higher percentage of federal-backed mortgages to low-income households or for…
