Finance

Today's mortgage and refinance rates in Iowa

Posted On: Apr 22, 2021   |   Posted By: Business Insider

Summary List PlacementTable of Contents: Masthead Sticky Buying a home in Iowa
According to Zillow , the typical home value in Iowa is much lower than the typical value of $269,039 across the US. The typical home value in Iowa is $158,930, and home values have increased 3.6% over the past year.
Iowa first-time homebuyer programs
The Iowa Finance Authority has several financial assistance programs for first-time homebuyers who borrow from participating lenders:
FirstHome grant : Depending on your income, you may qualify for a $2,500 grant to put toward a down payment or closing costs. You don't have to repay the grant.
FirstHome loan : If you qualify, you can borrow up to 5% of your home purchase price or $5,000, whichever is less. You'll repay the IFA when you sell the home, refinance your mortgage, or completely pay off your mortgage.
Homes for Iowans grant : If you don't qualify for the FirstHome program, you might be eligible for Homes for Iowans. The IFA will give you $2,500, and you don't have to pay it...

Continue reading ...

 






The last Posts from Business Insider



'He Was A Prince': Grief And Anger At Daunte Wright's Funeral In Minneapolis

'He Was A Prince': Grief And Anger At Daunte Wright's Funeral In Minneapolis

Mourners gathered to pay their respects to Daunte Wright, a 20-year-old Black man shot dead by a police officer in Brooklyn Center, Minn., earlier this month. Read more ...

Biden reportedly plans to nearly double the capital gains tax rate to as...

Biden reportedly plans to nearly double the capital gains tax rate to as high as 43.4% for wealthy Americans

Summary List Placement President Joe Biden plans to propose a capital gains tax rate that is nearly double the current level, according to a report from Bloomberg on... Read more ...

US mortgage rates fall below 3% for first time since February as housing...

US mortgage rates fall below 3% for first time since February as housing market cools

Summary List Placement The headline mortgage rate's plunge below 3% last year was a big deal. It added fuel to a housing market boom that continues to this day. The rate... Read more ...

Tom Brady is completely flipping out over NFL's ‘dumb' jersey number rule

Tom Brady is completely flipping out over NFL's ‘dumb' jersey number rule

Tom Brady isn't a fan of the NFL's rule change that allows players to change their jersey number based on position, saying that it's "dumb," and is "going to make for a lot of... Read more ...

The US Senate has officially passed an anti-Asian hate crimes bill

The US Senate has officially passed an anti-Asian hate crimes bill

The bill denouncing discrimination against Asian communities in the United States passed with a vote of 94-to-1. Read more ...

UK lawmakers pass motion saying China committing genocide

UK lawmakers pass motion saying China committing genocide

LONDON - British lawmakers on Thursday approved a parliamentary motion declaring that China's policies against its Uyghur minority population in the far western Xinjiang region... Read more ...

Senate passes anti-Asian American hate crime bill

Senate passes anti-Asian American hate crime bill

The Senate on Thursday passed an anti-hate crimes bill aimed at addressing a surge in attacks on Asian Americans amid the Covid-19 pandemic. The measure, which would create a... Read more ...

Pennsylvania Lottery scratch-off ticket worth $1 million sold in Berks County

Pennsylvania Lottery scratch-off ticket worth $1 million sold in Berks County

WGAL News 8 Read more ...

An explosion was heard across several New England towns. Police believe it...

An explosion was heard across several New England towns. Police believe it came from a gender reveal

The blast rattled a number of houses, causing potential damage to some. Read more ...

DeSantis sued over Florida's new ‘anti-riot' law

DeSantis sued over Florida's new ‘anti-riot' law

A social justice group has filed a lawsuit against Florida Gov. Ron DeSantis two days after he signed a bill to create tougher penalties for people who participate in violent... Read more ...