Home prices are up 18% on average across the United States. Mortgage lenders anticipate increased refinance volumes, but they’re more cautious when it comes to purchase demand. There was a 9% increase in pending home sales in August—the slowest growth since June 2020. Manufactured…
Prefabricated homes are an important part of the American housing market. There are many advantages to building a house in a factory. For example, a factory-built home can be constructed for 50% less than a similar-sized site-built home; this makes quality housing more affordable…
In 2018, Fannie Mae launched its MH Advantage® program to help ease the nation’s affordable housing shortage by providing financing on modern, high-quality manufactured homes. This loan program combines features, like a low down payment, with the lower price and customizable finishes of modern…
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