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.
Car ownership costs now rival mortgage payments in determining true housing affordability, with transit-accessible homes commanding a price premium nationally, according to new data.
Mixed economic reports are making the Federal Reserve’s next move harder to predict. Inflation remains a concern, while job growth came in weaker than expected, leaving buyers and sellers to watch how each new report could shift mortgage-rate expectations.