With home buying so tough, manufactured housing sees an opportunity

With limited inventory and sky high prices in the traditional housing market, builders are seeing a big opportunity for so-called manufactured homes. Manufactured homes are those dwellings that are built in a factory before being assembled on site. They’re traditionally much cheaper than traditional homes and can be built more quickly, but for years they

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Freddie Mac will finance loans for manufactured homes

Government-backed mortgage servicing organization Freddie Mac says it will begin financing loans for manufactured housing, in an attempt to make those homes more affordable to buyers. Freddie Mac said in a statement that the idea is to run a two year pilot program called CHOICEHome, which will provide financing in the form of a traditional

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