The Mortgage Bankers Association reports a 4.52 percent serious delinquency rate for VA loans at the end of March, versus 5.58 percent for prime mortgages. Experts say the VA program’s success, despite originating loans with no down payments, is rooted … Continue reading
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“Well, today, Veterans Day, as we do every year, we take that moment to embrace the gentle heroes… of all our wars. We remember those who were called upon to give all a person can give, and we remember those … Continue reading
Posted in Announcements, VA, Veterans Administration | 1 Comment
Military housing (subscription required) has been dented by the economy, but not as badly as the civilian sector, National Mortgage News reports. Moody’s Investors Services downgraded nine of 23 housing developments at bases around the country, largely the result of … Continue reading
Posted in Economy, Homebuying, Military, Mortgage News, Real Estate News, Saving Money, Tax Credits, VA, Veterans Administration | Leave a comment