Lawmakers seek to boost home-buying benefit for veterans »
Posted By bubba2 1 year, 6 months ago in Business & FinanceReps. Steve Buyer, R-IN, and Mike Michaud, D-ME, introduced a bill Thursday that would greatly increase the maximum loan amount that the VA guarantees. The bill, HR 4539, would raise the current $417,000 limit to a new maximum of $521,250. "Rising housing costs are keeping many veterans out of the market," Buyer said.
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bubba2
I'm pretty much OUTTA here! The new format (still) S-U-C-K-S!
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MyCampingMall1 year, 6 months ago
Shouldn't this benefit be put on a scale that increases with the increase in housing cost? you know, like law makers salaries are?
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KYRed1 year, 6 months ago
Sure, MyCampingMail, that makes sense. But does the government every make sense? Disabled Veterans benefits don't keep up with the increase in inflation, either. Nor the minimum wage for that matter.
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Sunshine_20071 year, 6 months ago
I can find nothing surprising in this news article. It is great that there will be provided maintance to veterans, but nevertheless it will be useful for them to know which type of loan to choose and which will be the best for their situation. I can advice the following source that I've recently came across: http://activerain.com/blogs/loan_type
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