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 has never been this challenging to be a first-time home buyer. Over the last year, as home prices inched toward new highs and the 30-year mortgage rate stayed firmly above 7%, first-time buyers ...
A first-time home buyer class can be the ticket to grants, down payment assistance and a lower monthly payment. Some or all of the mortgage lenders featured on our site are advertising partners of ...
Traditionally, first-time homebuyers were in their late 20s or early 30s (1, 2). But the climb to the age of 40 reflects ...
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 ...
In 2024, the average age of first-time buyers rose to 36.3 years, from 35.7 years in 2023, but was below 2021 and 2022. In 2020 and 2021, the share of FTB home purchases dropped because homebuying ...
Chances are you haven’t received an invitation to a young friend’s housewarming party in a while. That is because the number of first-time home buyers is dwindling. The upshot is a potential reversal ...