Avoiding costly mistakes when applying for a mortgage as a first-time buyer is not easy. From ignoring credit scores until the last minute to unrequited loyalty to one bank, there are a host of traps ...
Higher rates and limited inventory may make today’s housing market feel daunting, but preparation, patience and strategy are key. Whether it’s negotiating seller concessions, improving credit, or ...
"My dream has always been to buy a house. Once we got in, the slew of shortcuts the contractor took cost us thousands in ...
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 ...
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 ...
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 ...
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 ...
(InvestigateTV) — With high interest rates and limited inventory in many parts of the country, first-time home buyers are having a tough time achieving a piece of the American dream. Sam Huisache, a ...
First-time homeowner grants tend to be geared toward low- to moderate-income borrowers. Generally speaking, households that earn 80 percent or less of their area median income (AMI) qualify as ...
The average age of the typical American first-time homebuyer has reached the all-time high of 38 this year, according to a new report by the National Association of Realtors (NAR), up from 35 in 2023.
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%.