BISMARCK, ND – One year after North Dakota Housing Finance Agency’s (NDHFA) residential real estate lending capacity was expanded by the state legislature, the agency reports that an updated loan program has broken a record. During the 2021 legislative session, … Continued
Homeowners financially impacted by the COVID-19 pandemic can finally find reprieve from financial hardships. ND Help for Homeowners, a $50 million federal program funded by the U.S. Dept. of Treasury, is intended to help homeowners with past-due mortgage payments, utilities … Continued
BISMARCK, N.D. – The North Dakota Department of Human Services announced today that help is available for homeowners struggling financially who are at risk of housing instability because of past-due mortgage payments, utilities or other housing-related costs. Homeowners can apply … Continued
BISMARCK, ND – The North Dakota Industrial Commission has approved increased eligibility limits for a state program that helps first-time buyers purchase a home. Administered by North Dakota Housing Finance Agency (NDHFA), the FirstHome™ program provides low-cost financing and down … Continued
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
BISMARCK, ND – The North Dakota Industrial Commission has approved updated eligibility limits for government programs that help North Dakota residents, typically first-time buyers, purchase a home. Administered by North Dakota Housing Finance Agency (NDHFA), the programs provide income-qualified households … 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
Bismarck – Bank of North Dakota (BND) and North Dakota Housing Finance Agency (NDHFA) are taking the first steps toward consolidating the roles they play as state agencies in financing residential real estate. Because both agencies provide mortgage loans, they … Continued