An effective Virtual assistant home loan without downpayment requirement is but one of one’s biggest perks away from offering on the military. And you will 2022 veteran homebuyers even have so much more to purchase stamina than before.
This new median You.S home speed hit $405,100000 to your basic-date earlier this February – a growth out-of 26.5% over 2 yrs – based on investigation regarding Realtor.
To compensate getting rising home prices, the brand new Federal Housing Money Agency (FHFA) recently launched it will increase the 2022 compliant mortgage limit for the mortgage brokers supported by the fresh new Department away from Veterans Points (VA).