VA updates could help veterans buy and stay put
The VA updated appraisal requirements for VA-backed purchases and launched a new partial-claim option for veterans in default, giving real estate professionals timely information to share with VA buyers and homeowners who may need to contact their lender, servicer or VA.
Average 30-year mortgage rate falls to lowest level in seven weeks
he average 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, while the average 15-year rate dropped to 5.79% from 5.84%, mortgage buyer Freddie Mac said.
Mortgage fraud targets nearly half of U.S. consumers
A new survey found 47% of U.S. consumers were targeted by fraud last quarter, most through phishing, smishing or voice cloning, as AI lowers the cost of mortgage fraud schemes.
HUD proposal could ease path for multistory manufactured homes
A proposed HUD rule would change how the permanent chassis requirement applies to multistory manufactured homes, potentially lowering costs and making upper floors more practical. The issue is especially relevant in Florida, which has the nation’s largest manufactured/mobile home inventory.