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The VA Home Loan Benefit Act also authorizes desktop appraisals and, in some cases, waives appraisals altogether to help veteran and service member borrowers save on costs and time. “To the benefit of buyers and lenders, the VA will now be…
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What is a fixed-rate mortgage? In mortgage terms, a fixed rate means the interest rate remains the same for the life of your home loan — keeping your monthly principal and interest payment consistent. The rate on a fixed mortgage is locked…
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“It’s no surprise that single-family starts are running at their lowest level since May 2020, given that builder sentiment has dropped for 12 consecutive months as builders remain fixated on rising building material costs and supply chain…
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