A VA foreclosure prevention program, Ohio’s only recognized Revolutionary War memorial and a Navy officer and NASCAR driver to lead Flag Day event.
Bill advancing in Congress would nearly triple VA home-loan refinance fees to help fund expanded benefits for severely injured veterans.
Republican lawmakers on the House Veterans Affairs’ Committee introduced a reform package that aims to make VA home loans more attractive to buyers.
Data: Freddie Mac via Fred ; Chart: Axios Visuals The average rate on the 30-year mortgage dipped below 6% for the first time since 2022, per closely watched Freddie Mac data released Thursday. Why it matters: Lower home loan rates may help juice the housing market, which has been in the dumps since interest rates first spiked four years ago. Between the lines: It's also a boost for President Trump, who boasted about mortgage rates coming down in his State of the Union's address Tuesday. Yes, but: Higher home costs and widespread economic uncertainty is also holding back the real estate market.
Data: Freddie Mac via Fred ; Chart: Axios Visuals The average rate on the 30-year mortgage dipped below 6% for the first time since 2022, per closely watched Freddie Mac data released Thursday. Why it matters: Lower home loan rates may help juice the housing market, which has been in the dumps since interest rates first spiked four years ago. Between the lines: It's also a boost for President Trump, who boasted about mortgage rates coming down in his State of the Union's address Tuesday. Yes, but: Higher home costs and widespread economic uncertainty is also holding back the real estate market.Open
The average home loan rate has dropped below 6% for the first time since 2022. Will that help thaw the frozen housing market?
The average home loan rate has dropped below 6% for the first time since 2022. Will that help thaw the frozen housing market?Open