Originally published on November 10, 2022, for Freddie Mac.
A new survey from Freddie Mac (OTCQB: FMCC) found that 64% of active-duty servicemembers transitioning to civilian life expect their search for affordable housing to be extremely or somewhat challenging. The survey also found that the majority of veterans believe VA Home Loans provide a clear pathway to homeownership. Eighty-seven percent of active-duty military are aware of the program’s benefits, and 90% of active-duty servicemembers who are currently renting plan to use a VA Home Loan to buy a home at some point.