There are plenty of new and interesting programs coming into being meant to encourage people to buy homes. From creative incentives like green mortgages to shared-appreciation mortgages, there are different ideas out there on the table. And over at Shak & Jill, mention has been made of an inventive offered by the Florida state government:

Called the Super Exemption, tax rates could be adjusted downward, making owning a home more affordable.

With the Fed stepping in with a rate cut, and mortgage lenders trying to figure out how to make home loans more palatable without giving them to just anyone, there may be true impetus to find creative solutions to the mortgage lenders’ problems.