I had always heard positive things about the programme and was hoping to use it to purchase a house, but sadly, it was discontinued. Does it have a chance of returning?
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It’s disappointing when a helpful program gets discontinued. Whether a housing program comes back often depends on things like government priorities, budget, and public demand.
For instance, some housing programs are being reviewed to see if they can be renewed or extended. In the U.S., the “Moving to Work” program is one example where there are discussions about its future and possible extensions. If there’s strong public support and a clear need, there’s a chance that similar programs might be brought back or new ones introduced.
If you have details about the specific program you were interested in, I can look into it more. In the meantime, have you looked into other housing assistance options that might be available in your area?
I sincerely hope so, as finding rates was incredibly simple. We utilized it a few years ago for our purchase; if it hadn’t vanished, it was our sole option for obtaining a mortgage in the future. I’ve worked in the mortgage industry for a long time, and their lenders’ rates and cheap costs were considerably better than my employee’s “discount.”