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Veterans turn to VA loans as housing costs squeeze American homebuyers

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Veterans turn to VA loans as housing costs squeeze American homebuyers

VA loans are becoming a more common path to homeownership as elevated home prices and mortgage rates squeeze buyers — but many veterans and service members still do not fully understand the benefit they earned.

A Rocket Mortgage and Redfin analysis of county records across 40 major U.S. metro areas found VA loans accounted for 7.7% of mortgaged home purchases in March, up from 6.8% a year earlier and tied with 2020 for the highest March share in a decade.

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The increase comes as eligible veterans, active-duty service members and surviving spouses search for ways to lower the upfront cost of buying a home.

VA loans, which are backed by the Department of Veterans Affairs and issued through private lenders, typically require little to no down payment and no private mortgage insurance.

FORD AND NASCAR TEAM UP FOR MILITARY TRIBUTE DURING AMERICA’S 250TH ANNIVERSARY YEAR

A service member receives house keys from a real estate professional. VA-backed mortgages are becoming more common as high housing costs push eligible military buyers to seek lower upfront costs.

VA loans typically require little to no down payment and no private mortgage insurance. (iStock)

Even as VA loans gain traction, many veterans and service members still do not fully understand how the benefit can help them buy a home, according to Rocket Mortgage.

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A January Rocket Mortgage survey of more than 1,100 active-duty service members, veterans and their spouses found that 59% said they know about VA loans, but fewer than half said they had used or planned to use one to buy a home. 

Just 16% said they were familiar with state-specific veteran housing resources, the study found.

For Ryan Dandin, a former U.S. Army cryptologic linguist and current Rocket Mortgage team member, the benefit helped his family move from temporary military housing to a permanent home in Michigan.

Dandin spent years moving his family between military assignments, including stops in California and Germany. Even when military housing was comfortable, he said it never fully felt like theirs.

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USAA, ARMED SERVICES YMCA LAUNCH CHILDCARE PROGRAM AHEAD OF MILITARY SPOUSE APPRECIATION DAY

U.S. service members stand in uniform. Many veterans, active-duty service members and military families remain unfamiliar with VA-backed home loan benefits, according to a Rocket Mortgage survey.

VA loans accounted for 7.7% of mortgaged home purchases in March, up from 6.8% a year earlier and tied with 2020 for the highest March share in a decade. (iStock)

“When I left the military, all the focus was on VA health care and making sure we went through the right steps to get the health care we needed and the disability rating we needed,” Dandin told FOX Business. “There was probably a footnote about VA home loans, but it wasn’t the main focus.”

Homeownership, Dandin said, gave his family roots.

Dandin said many veterans may assume they do not qualify or that buying a home is out of reach, but he encouraged them to look into it before ruling it out.

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“When we got our first home, that was the same mindset that I had,” Dandin said. “I had no clue that I could actually afford a home. I had no clue that I would actually qualify.”

Steven Mohler, who served in the Army Reserves, also said veterans should not assume the door is closed.

“Go for it! At least try,” Mohler told FOX Business. “It’s easy.”

Mohler said he refinanced through a VA loan and was able to secure a low mortgage rate on his Arizona home.

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LAS VEGAS VETERAN PUSHES BACK AFTER HOA REPORTEDLY TARGETED FRONT YARD HYDRANT DISPLAY: ‘THE LAST STRAW’

A red and white "for sale" sign in front of a house

A recent survey of more than 1,100 active-duty service members, veterans and their spouses found that 59% said they know about VA loans. (iStock / Getty Images Plus)

“I got a beautiful home here in Arizona,” he said. “I got a low-interest loan. I can’t believe it.”

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Dandin said veteran homeownership carries added meaning against the backdrop of America’s 250th anniversary year.

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Homeownership is one of the most tangible expressions of the American dream,” Dandin said. “It means independence, owning a piece of America. A home is where you raise your kids, where you build equity for your future and where you pass on something greater than you started with.”

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Gold prices rise as cooling rate hike bets hit dollar

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Gold prices rise as cooling rate hike bets hit dollar

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Chick-fil-A hack lets a family of five eat for under $45, father says

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Chick-fil-A hack lets a family of five eat for under $45, father says

A father says his family of five is able to eat at Chick-fil-A for under $45 using a DIY sandwich “hack,” though menu prices vary by location amid concerns across the country about affordability due to rising costs.

Jeff Johnson, a worship pastor at an Atlanta church and a podcast host, told his social media followers that it is cheaper to purchase nuggets and buns than to purchase chicken sandwiches for himself, his wife and his three children.

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“I have a hack for every dad who’s always saying, ‘Why are we spending so much money at Chick-fil-A,’” Johnson said in a June 26 Instagram video.

“Instead of everybody ordering their fried chicken sandwich and their meal, here’s what we just did and what we have been doing, and y’all need to know about this.”

CHICK-FIL-A EXPANDS ITS ‘GHOST KITCHEN’ MODEL WITH NEW DELIVERY-ONLY STORE IN FLORIDA

Chick-fil-A sandwich and fries

A father revealed how his family of five is able to eat at Chick-fil-A for under $45. (David L. Ryan/The Boston Globe via Getty Images / Getty Images)

Johnson explained that he ordered 30 nuggets, which were just over $17, and buttered buns for everyone, which were 25 cents each.

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The camera then pans over to a family member’s sandwich, which shows a bun with several nuggets inside.

Even with added sides and drinks, Johnson’s hack helps reduce the cost for families attempting to budget their meals.

“Everyone’s happy, dad’s happy. We have saved so much money. I’m just telling you, you can eat for under $45 at Chick-fil-A as a family of five if you do what I’m saying,” Johnson said.

Prepared chicken sandwiches

Jeff Johnson explained that he ordered 30 nuggets for around $17 and buttered buns for 25 cents each. (Michael Nagle/Bloomberg via Getty Images / Getty Images)

Prices vary by restaurant, but individual Chick-fil-A chicken sandwiches often cost about $5 to $6 before sides, drinks and tax.

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The commenters on his video were shocked by his hack and appreciative of the advice.

“Chick-fil-A is expensive. Good advice dude. Appreciate it,” one person wrote.

“Did not need to know about the 30 nuggets for $17 as a single person,” another jokingly added.

CHICK-FIL-A LAUNCHES FIRST EVER NON-CHICKEN KIDS MEAL NATIONWIDE

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An undated photo of a Chick-fil-A restaurant exterior.

A classic chicken sandwich typically costs around $5 or $6. (iStock / iStock)

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“Let me know when you get a cease and desist letter from @chickfila,” a third user joked.

“Get some pickles on the side. Gotta have that pickles,” another user said, referring to the pickles that typically come on a classic chicken sandwich.

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Stock Funds Rallied 17.1% in a Quarter That Made Investors’ Heads Spin

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Stock Funds Rallied 17.1% in a Quarter That Made Investors’ Heads Spin

It was an eventful second quarter for stock-fund investors, including the SpaceX initial public offering, an oil shock, an Iran peace rally at one point, and the first Fed-policy meeting under the central bank’s new chairman.

But through it all, it was investors’ faith in tech stocks—those tied to artificial intelligence, in particular—that kept the market humming. In the end, the S&P 500 and Nasdaq composite posted their best quarters since 2020, hitting record highs, and the Dow closed the month at a record as well.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Molly Tea: Backlash after firm ordered to pay Louis Vuitton $1.5m

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A view of Molly Tea's four-petal flower logo on a sign hanging on the sign of one of the brand's shops.

Popular Chinese tea chain Molly Tea has been ordered to pay 10.3m yuan (£1.1m; $1.5m) in damages after a court ruled that its logo infringed a Louis Vuitton trademark, fuelling an online debate over copyright protection.

Chinese media reported last week that a court in the eastern Jiangsu province ruled that the Shenzhen-based tea company had copied Louis Vuitton’s iconic four-petal flower monogram trademark.

The decision has divided the public online in China, with a hashtag linked to the case drawing more than 400 million views and tens of thousands of comments.

The BBC has contacted Molly Tea and Louis Vuitton for comment.

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On Thursday, a court in Suzhou, just east of Shanghai, ordered Molly Tea to stop using of the logo, issue a public apology and to pay damages to Louis Vuitton, according to Chinese state media China Daily.

The outlet also said that Molly Tea and its affiliated firms had applied for multiple trademarks that were rejected by the China National Intellectual Property Administration.

Only the trademark containing the Chinese characters for “Molly Tea” was successfully registered, China Daily reported.

Many Chinese social media users have defended the design of Molly Tea’s logo, noting how many designs used in Western luxury brands have been inspired by Chinese artefacts.

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One commenter on the Weibo platform wrote in Mandarin that he will “drink a cup of Molly Tea daily” to show his support for the company.

“Give me a break. They’re just taking advantage of the fact that our ancestors didn’t file for patents,” the commenter wrote.

One user on RedNote, another Chinese social media platform, said: “Such basic geometric shapes have been used everywhere throughout history, not just China.”

But some online supported the court’s verdict.

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A Weibo user said that those who back Molly Tea’s design should “study law first”, arguing that there is no dispute as Louis Vuitton had already registered the trademark.

Another said Louis Vuitton is justified in defending its intellectual property and that other brands do not have the right to imitate it, regardless of their industry.

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Buying Meta And Micron At +20% Discount, Not Without Caution

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Buying Meta And Micron At +20% Discount, Not Without Caution

Buying Meta And Micron At +20% Discount, Not Without Caution

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South Korea’s Lee urges speed in launching mega chip projects

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South Korea’s Lee urges speed in launching mega chip projects


South Korea’s Lee urges speed in launching mega chip projects

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Vaalco Energy: Drilling Campaign Overlap

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Bonterra Energy: Charlie Lake Is The New Core Area

Vaalco Energy: Drilling Campaign Overlap

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Greatland beats revised FY gold target

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Greatland beats revised FY gold target

Forrest family-backed Greatland Resources beat its revised full-year gold production guidance last financial year, while ending June with almost $1.3 billion in the bank.

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Super funds defy global upheaval to deliver big gains

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Super funds defy global upheaval to deliver big gains

In a lacklustre year for Australian equities, superannuation funds have provided a bright spot for those members securing double-digit returns.

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Bob’s Discount Furniture: Unit Growth Is Still Not Fully Priced In (NYSE:BOBS)

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Bob's Discount Furniture: Unit Growth Is Still Not Fully Priced In (NYSE:BOBS)

This article was written by

I’m a fundamental, valuation-driven investor with a strong focus on identifying businesses that have the potential to scale over time and unlock massive terminal value. My investment approach centers around understanding the core economics of a business—its competitive moat, unit economics, reinvestment runway, and management quality—and how those factors translate into long-term free cash flow generation and shareholder value creation. I focus on fundamental research, and I tend to focus on sectors with strong secular tailwinds. Professionally, I am a self-educated investor that started this journey 10 years ago. Currently, I am managing my own funds, seeded from friends and family. My motivation for writing on Seeking Alpha is to share investment insights, and also at the same garner feedback from fellow investors in this site. My aim is to help readers focus on what truly drives long-term equity value. I believe good analysis should be both analytical and accessible, and I hope my work adds value to readers looking for high-quality, long-term investment opportunities.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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