The Buffalo Urban League helped us get $3,000 to buy a home!
After Jeffrey and Retha Jones got married, the first thing they wanted was a home they could call their own. After renting apartments for years, buying a house was a milestone they wanted to reach together. Jeffrey and Retha couldn't wait to renovate bedrooms for their two children and paint the walls any color they wanted to.
Americans are taking out the largest mortgages on record
For the past few years, the housing market has been unbalanced. Strong demand and lean supply keep pushing prices higher and higher.
On Wednesday, a fresh piece of data confirmed that trend. The Mortgage Bankers Association’s weekly purchase loan data showed that the average size of a home loan was the largest in the history of its survey, which goes back to 1990.
$40,000 in Mortgage Debt Forgiven,
Thanks to the Buffalo Urban League!
When Melissa D. came to the Buffalo Urban League for help saving her home, she was at her wit’s end. She had been laid off from her job and was working part-time at a cleaning service to make ends meet. Her income took a hit, and she started missing mortgage payments. She knew she would lose her home if she did not settle things with her lender.