Veterans may be eligible to buy larger homes in pricier communities-still without a down payment-starting next year. Those taking out Veteran Affairs-backed mortgages will find caps removed on what they can spend in 2020.   The Blue Water Navy Veterans Act of 2019 removed the caps for the new year. But military members on active duty and veterans will still need to qualify for the mortgage and verify they can afford the monthly payments. ....  Click Here to Read More 

>>>Will Housing Inventory Tighten Further?

www.magazine.realtor  |  Dec 4, 2019

Housing inventories are likely to tighten more in the upcoming year, making it even more challenging for buyers to find a home. That will come as lower mortgage rates are making it enticing to make a move, realtor.com® reports in its 2020 housing forecast, released Wednesday.   The total number of homes available for sale could hit a record low in 2020, realtor.com® warns, causing economists to predict that the housing market will slow in 2020 as inventories remain very low and economic uncertainty prompts more consumers to hit the pause button. They're forecasting that housing inventories could particularly reach historic lows in the entry-level segment. First-time home buyers will continue to struggle with affordability, they say...Click Here to Read More