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Get CreditSmart with Fannie Mae

ADDED ON April 29, 2015 0 COMMENTS

Building security in your homeNow is the time to get smart about your home credit. Before you consider buying or selling your home, learn what options are available.

Fannie Mae’s Economic & Strategic Research Group report released on April 17th, indicates a 3.2 percent surge in economic growth over the first quarter, and is setting the stage for an even healthier housing market, as it predicts continued increases and potential economic growth.

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.”

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 of which could lead to the purchase of your home.

Christina Diaz Malone, Freddie Mac Vice President of Corporate Relations and Housing Outreach, believes CreditSmart®, a multilingual curriculum, 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. It’s worth taking a look as the material can be beneficial for future home buying and selling.

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