Mortgage rates moved decisively higher this week as the underlying bond market finally began shifting gears. After the Fed meeting in June, rates moved to the lowest levels in more than 2 years.
Here’s a home loan that doesn’t require a down payment and offers lenient qualification standards. Yet it never requires mortgage insurance, charges a lower interest rate than conventional loans and is widely available to millions of veterans. Here’s how to reap lots of lasting benefits, and a fair.