Maine Gov. Proposes Saving Two Veteran Homes with $3.5M
Maine's governor said she would dedicate $3.5 million to keep veterans homes open in northern Maine.
Mills Proposes Plan to Prevent Closure of Maine Veterans' Homes
Gov. Janet Mills proposes to provide $3.5 million to bailout two Maine veterans' homes that are set to close.
Programs and Grants for First-Time Homebuyers in Delaware during 2022
For first–time homebuyers, Delaware is a pretty good place, and their mortgage rates are often lower than the market. Furthermore, you could be eligible for an interest-free loan with no monthly payments to assist with your down payment if you qualify.
The 'Thanks To Veterans' Home Giveaway Has Drawn its 11th Winner, Veterans United Announces
Veterans United Home Loans announced the winner of their #ThanksToVeterans sweepstakes. Veteran's Day is the culmination of the company's campaign, highlighting the contributions Veterans make to communities.
Home Refinancing Takes a Drastic Dip
Increasing interest rates are causing headaches for mortgage lenders, especially those specializing in refinancing. Refinancing is no longer in demand.
Mortgage Rates Rise to 22-Month High
New federal data indicates that people signing papers for a home loan will pay the highest interest rates since the pandemic began.
Rates on Second Home Mortgages to Increase in 2022
According to the Federal Housing Finance Agency, fees on some home loans will increase starting April 1, 2022.
Some Veterans Report Discrimination Using VA Loans
Home loans backed by the Department of Veterans Affairs increased by 15% last year and are being utilized at record levels. However, veteran home buyers claim that they face discrimination when using VA loans.
LoanDepot Moves Loans Funded by Ginnie Mae to In-House Servicing
An online lender, LoanDepot, announced it's taking over the servicing of loans funded by the Federal Housing Administration (FHA), Department of Veterans Affairs (VA) and the U.S. Department of Agriculture (USDA).
Virginia Launches Statewide Mortgage Relief Program
Virginia Governor Ralph Northam has announced the introduction of a statewide Mortgage Relief Program to assist families to remain in their homes and alleviate home loan delinquencies, defaults, and foreclosures caused by the COVID pandemic.
What to Expect from The Housing Market in 2022
It has been quite the scene for the U.S. housing market over the past year. Home sales were at their highest level in 15 years in 2021, with an estimated 6 million homes sold.
Veterans’ Complaints Lead to Scrutiny for Mortgage Servicers
In response to complaints made by military families and veterans, two federal agencies announced they would increase their scrutiny of mortgage servicers.