Real estate pros can play a big role in helping veterans achieve homeownership by sharing more information about the VA Home Loan Guaranty Program and helping to dispel common myths.

Borrowing costs have climbed to their highest level since 2008, sending shock waves through the housing market.

The Federal Reserve’s move to raise its benchmark rate by three-quarters of a percentage point—the largest increase since 1994—could put more upward pressure on near-6% mortgage rates and sideline more home buyers, says NAR Chief Economist Lawrence Yun.

The flexibility of options offsets concerns over lower sales prices for buyers interested in the sale strategy.