Truework finds 85% consider refinancing important to their financial health, revealing a highly motivated but financially vulnerable future borrower pool
Tagged: Affordability
Redfin’s index rose 3% annually in June, with luxury demand and limited move-in-ready inventory supporting prices despite elevated mortgage rates
Contract signings fell 5.4% from May as elevated borrowing costs and record home prices continued to pressure affordability, particularly for first-time buyers
Slower appreciation and more realistic seller pricing could improve purchase opportunities even as mortgage rates remain elevated
Newrez loan data shows first-time buyers still accounted for nearly half of 2025 purchase originations as home prices and borrower incomes climbed
Just 37.6% of nonhomeowner households can afford a typical starter home, according to a recent study by LendingTree
Nearly one in five house hunters searched outside their home metro in the first quarter, with Florida and other Sun Belt markets drawing buyers seeking lower housing costs
New Redfin/Ipsos survey finds broad agreement across party lines on first-time buyer tax breaks and other affordability measures
Survey finds fewer buyers are waiting for lower mortgage rates and home prices, while growing confidence in homeownership points to changing buyer attitudes
Monthly mortgage payments have become the new yardstick for sticker shock