Over the last 25 years, home values have exploded—pushing millions of would-be homeowners to the sidelines and catapulting existing owners into an estimated $48 trillion in real estate wealth. For ...
Mobile homes can provide the stability and comfort of a traditional home, but at a much lower price. The catch? If you want to buy a mobile home and finance the cost, it can be more difficult than ...
A chattel loan is a loan used to buy movable property — including manufactured homes. You can get a chattel loan from a lender to purchase a manufactured home, but you’ll need to figure out how to buy ...
Mobile homes are prebuilt homes that can be transported to the property site. Also known as manufactured homes, these types of homes are less expensive than traditional properties, although prices ...
Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned indirectly by Fox Corporation. The Fox Money content is created and ...
WASHINGTON — A battle is brewing over how far Fannie Mae and Freddie Mac should go in their pilot programs to begin purchasing manufactured housing not secured by land. Both government-sponsored ...
WASHINGTON — The Federal Housing Finance Agency is facing criticism from bankers and credit unions over its planned pilot program to allow Fannie Mae and Freddie Mac to securitize manufactured housing ...
It has been more than 10 years since I last looked at the market for manufactured housing, my excuse being that nothing much had happened that justified another look. But now something has happened: ...
Rocket Mortgage is now offering a conventional loan option for buyers who want to purchase or refinance a manufactured home, which expands the home financing options in a rapidly shrinking industry.
Dreaming of homeownership without the high costs of purchasing and maintaining a traditional, “stick-built” residence? Consider a manufactured or mobile home, which can cost less and promise easier ...
With the average double-wide costing around $120,000 to $160,000, according to HomeGuide, financing your home may be the only way to afford it. Since mobile homes fall under different classifications, ...