Demand from first-time home buyers has hit record lows with mortgage rates stuck near 7%. One corner of the market shows it is worryingly weak even with rates at 5%. Big home builders such as D.R.
“It’s kind of a shocking number,” said an economist with the National Association of Realtors. By Julia Carpenter The path to homeownership continues to get longer, with the median age of first-time ...
Buying your first home is a major milestone. However, it comes with major financial responsibilities, including protecting your home with homeowners insurance. While many first-time buyers focus on ...
With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...
The youngest U.S. homebuyers aren’t so young anymore, as a forbidding market turns first-time house hunting into an activity for people nearing 40. “No one in their young 20s are buying homes,” said ...
Homes remained out of reach for many people of first-time home buyer age in the first quarter of the year. Some or all of the mortgage lenders featured on our site are advertising partners of ...