As interest rates and inflation rise, the housing market is shifting. For North Dakotans of limited means, including many buyers who are pursuing homeownership for the first time, that shift means the time to assess their options and create strategic … Continued
In the late 1970s and early 1980s, the U.S. economy was in a deep recession. To combat inflation, the Federal Reserve was increasing interest rates, which ultimately pushed mortgage rates over 18 percent. On March 10, 1980, Gov. Art Link … Continued
North Dakota Housing Finance Agency (NDHFA) has a great finance, accounting and bond team. Because of their expertise, we are one of a handful of state Housing Finance Agencies (HFA) that has consistently enabled lenders to offer first-time homebuyers below-market … Continued
Developing, preserving, and stabilizing affordable housing cannot be accomplished by one entity alone. North Dakota Housing Finance Agency (NDHFA) is proud of the everyday work our partners do and how they go above and beyond at times when people are … Continued
Since the start of the pandemic, two in five adults in North Dakota, or 39 percent, reported a loss of employment income, either for themselves or a household member. The loss of income stems from various reasons such as quarantining, … Continued
The final day of the 67th Legislative Assembly archived the end of a unique experience for state law makers and everyone else involved. Video testimony was the norm and committee hearings were live streamed. While the halls of the capital … Continued
Despite a national pandemic, North Dakota’s mild winter and resilient economy continued to propel a booming housing market. Historically low mortgage rates, a result of the Federal Reserve’s response to the crisis was encouraging for homebuyers to either enter the … Continued
We are one month into the 67th Legislative Session, and North Dakota Housing Finance Agency (NDHFA) is actively involved in numerous bills. The agency’s proposed 2021- 2023 budget includes the transfer of two employees from the Dept. of Commerce along … Continued
Season’s Greetings! If you are not aware, there are less than two weeks left in 2020, but who is counting? This year taught us how to operate our business with more flexibility and empathy for our employees, customers, business partners … Continued
North Dakota Housing Finance Agency’s (NDHFA) core belief is that everyone should have a safe, accessible and affordable place to call home. Through sound management and the help of a talented bond team, the agency is 100 percent self-sustaining, meaning … Continued