Being Credit Smart With Your San Diego Home
The housing market and what it means for your San Diego home is definitely a hot topic of late. No matter where you turn, you can catch an “expert” discussing historical growth, the housing “bubble” or market scarcity and options for buying and selling your San Diego home.
Even Fannie’s Mae Economic & Strategic Research Group report released on April 17th, indicates a 3.2 percent surge in economic growth over the first quarter, and seems to be setting the stage for an even healthier housing market, as it predicts continued increases and potential economic growth of 2.3 percent throughout the rest of 2013.
Despite other significant issues that could impact consumer spending, Doug Duncan, Fannie Mae Chief Economist, indicates that hope may remain in housing trends, stating, “…the housing recovery continues to broaden and may be more robust than we anticipate, helping to offset fiscal headwinds.”
Considering that potential home buyers may need some assurance and coaching as they enter this changing housing market, Fannie Mae has launched a new online CreditSmart® tutorial to guide individuals as they seek to make wise financial decisions, including many which could lead to the purchase of your home.
A multilingual curriculum, Christina Diaz Malone, Freddie Mac Vice President of Corporate Relations and Housing Outreach believes CreditSmart® will reassure home buyers explaining, “Our new online CreditSmart® tutorial is a stepping stone to homeownership, especially for working families who are unsure how to start household budgets or build the personal savings and strong credit for the future.”
With twelve modules on the importance of credit and money management, goal setting, banking, financial traps, and becoming a homeowner, CreditSmart® provides resources and practical help for those just entering the housing market as well as homeowners that may be struggling in their current situations. You may find that some of the material can benefit you in your San Diego home and financing search, making it worth taking a look.