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HUD proposes changes to cut homebuying costs and time.
The U.S. Department of Housing and Urban Development has unveiled new proposals aimed at reducing costs and speeding up the homebuying process, according to Housing Secretary Marcia Fudge.
The measures include streamlined mortgage approval procedures, reduced closing costs, and expanded access to down payment assistance programs.
Officials say the changes could save average homebuyers thousands of dollars and cut weeks off the typical buying timeline.
The initiatives are part of a broader effort to improve housing affordability and accessibility nationwide.
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HUD propone cambios para reducir costos y tiempo de compra de vivienda.