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Report: Increasing Number of VA Loans Being Used in Homebuying

Report: Increasing Number of VA Loans Being Used in Homebuying

by Phil Hall | Nov 5, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

During August, 7.3% of mortgaged homebuyers used a VA loan, up from 6.5% one year earlier, according to a data report from Redfin. This marked the highest share for that month since 2019. Nationwide, the number of VA loans rose 3% year-over-year in August, while the...
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers

NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers

by Phil Hall | Nov 4, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

NewDay USA has rolled out NewDay Home, a product designed to help veterans and servicemembers achieve homeownership. According to the West Palm Beach, Florida-based company, NewDay Home enables qualifying borrowers to secure a fully underwritten, credit- and...
Texas Veterans Seek Expanded Property Tax Relief for Purple Heart Recipients

Texas Veterans Seek Expanded Property Tax Relief for Purple Heart Recipients

by Phil Hall | Oct 15, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A veterans group in Corpus Christi, Texas, are seeking to revive legislation that would offer full property tax exemptions to all Purple Heart recipients in their state, even if they do not meet the Department of Veterans Affairs’ 100% disability threshold. KRISTV.com...
VA to End Mortgage Rescue Program for Veterans

VA to End Mortgage Rescue Program for Veterans

by Phil Hall | Apr 4, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

The Department of Veterans Affairs (VA) is planning to end a mortgage rescue program for veterans that was introduced less than one year ago. The Veterans Affairs Servicing Purchase (VASP) program went into effect last May with the goal of purchasing defaulted VA...
Home Depot Foundation Invests $10 Million into Veterans-Focused Housing Needs

Home Depot Foundation Invests $10 Million into Veterans-Focused Housing Needs

by Phil Hall | Nov 11, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Home Depot Foundation announced it will invest $10 million into projects designed to help veterans age in their current residences and avoid homelessness. The foundation cited recent projections from the Department of Veterans Affairs (VA) that determined the...
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