credit score

In recent years, new and used car prices have been affected by increasing interest rates and inventory issues. However, there are indications that 2024 could be a more affordable year for vehicle purchases.

University of Nevada, Reno Extension continues its online town hall and webinar series next week to assist small-business owners. With many businesses still struggling due to COVID-19, some are having trouble maintaining good credit or paying vendors.

RENO — During the COVID-19 crisis, small-business owners need additional support and guidance, as well as opportunities to talk with other small-business owners. University of Nevada, Reno Extension is offering virtual question-and-answer “Coping With COVID-19 Town Halls” for small businesses every Wednesday, and webinars on specific topics for small businesses every Friday.

March is here and that famous groundhog saw his shadow, a recent article on CNBC suggests spring will arrive early this year — at least when it comes to the housing market. In fact, some are speculating that January may very well be the new April.

What’s causing this already-busy buying season to kick off ahead of schedule? Low inventory and rising home prices are spurring house hunters to come out of hibernation months before they previously would have.

If your finances aren’t perfect, that doesn’t mean you can’t buy a home. There are millions of people who struggle with debt, building their savings, or less-than-perfect credit. But by taking control of their finances, they’re able to pay down their debts, increase their credit score, pad their savings and buy the house of their dreams.

And in today’s technology-heavy world of “there’s an app for that”, it’s never been easier to take that control back and make your finances work for you and your goals. Here are 3 financial tools to help get your finances on track to buy a home:

The State of Nevada Housing Division has raised the household income limit for its Home Is Possible programs, making even more Nevadans eligible for down payment assistance. Since the programs started in 2014, the income limit has been $95,500. In keeping with Nevada’s rising incomes, the limit has been raised three percent to $98,500.

Are you thinking about buying a home soon?

Come to Lahonta Properties in Dayton on Thursday, November 3, 2016,at 6 pm to learn more about how to purchase a home in our area.

Lite refreshments will be provided.

• Learn how your credit score affects your interest rate AND
• How to get a free credit report.
• Do's and Don'ts during the buying process
• How you can get grant (Non-repayment required) money to assist with closing costs or downpayment assistance.
• Mortgage Tax Credit (MTC)
• Credit Repair programs
• The loan process and what documents you need to provide

The following is in answer to Brendan Trainor's RN&R Nov 6th column, The power of gold and silver.

http://www.newsreview.com/reno/power-of-gold-and/content?oid=15407117

Brendan Trainor's "Austrian School" theories won't add to his understanding of the real world of banking and finance.

A popular, new program offered by the Nevada Rural Housing Authority (NRHA) is making home ownership even more affordable. Through the Home at Last™ Access program, qualified home buyers receive a generous 4 percent down payment grant, which does not have to be paid back.

Now, the program is offering even lower mortgage interest rates on a conventional, 30-year fixed rate loan. Through participating lenders, the interest rates on FHA, VA or USDA-RD home mortgages have dropped from 3.75 percent to the current rate of 3.5 percent, which is an historic low.

CARSON CITY, NEV (June 29, 2012) – The Nevada Rural Housing Authority (NRHA) has launched a new home mortgage and down payment assistance program that is designed to help a group that has received very little help until now: working Nevadans who have been hurt by the downturn in the economy and the housing crisis.