Home Buyers turn to USDA for Home Loans. This is a great story reported in The Wall Street Journal about USDA Home Loans and it's increasing popularity.
Notice at the bottom of the article it states that USDA has received funding for the program thru March but the increased demand is definitely taking it's toll. Funds may run short this year if we do not receive additional funding.
With the increased demand and lower interest rates currently available it may be a good time to start thinking about that home purchase. If you are thinking of purchasing a home with the help of a USDA Home Loan time may be running out. Let's keep our fingers crossed that additional funding will come available when we get to that point.
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