Latest Updates Around The World
The availability of conventional loans drove most of the increase, up 2.1% over the month. Availability of government-backed loans – inclusive Federal Housing Administration (FHA), The U.S. Department of Veterans Affairs (VA) and US Department of Agriculture (USDA) programs – increased 0.1%. Within the conventional category, jumbo loan availability increased 2.9%, while conforming loan availability […]
“They have strong demand for the American dream of home ownership, but now they’re just feeling left behind,” Jessica Lautz, deputy chief economist at NAR, said of first-time buyers. “Homeownership is a way many Americans build wealth… and unfortunately, they’re just being pushed to the sidelines for an extended period of time and missing out […]
“Military members have made sacrifices to protect our home,” said Bill Banfield, Chief Business Officer at Rocket. “VA loans are one of the most powerful benefits available to veterans and service members, opening doors to homeownership with no down payment, no monthly mortgage insurance and flexible credit requirements. “This is an excellent time for veterans […]
