Loan Amounts Rise, Loan Counts Fall In Second Quarter
Maxwell reported the share of HELOCs rose 31% quarterly and 61% year over year to comprise 3.88% of the second-quarter market.
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Tagged: First-Time Homebuyers
Rocket Program Aims To Get First-Time Buyers Off The Sidelines
The Detroit-based lender today introduced "Welcome Home RateBreak," a lender-paid 2-1 temporary buydown program.
Low Affordability Opens Window For Riskier Financing
A growing share of borrowers are over-leveraged as piggyback mortgages rise in popularity and necessity
Starter Home Prices Topple $1M In More U.S. Cities
Half of all states have at least one city with a typical starter home worth $1 million or more.
Jul 29, 2024
Existing-Home Sales Decline 5.4% Annually, Monthly In June
Existing homes sold in June at a rate only 40,000 units above that experienced in October 2023 — when mortgage rates kissed 8% — and 1.5 million units lower than June 2019.
Jul 23, 2024
TikTok Is Educating Nearly 40% Of Gen Z Homebuyers
Clever Real Estate survey shows Gen Z coming to grips with bleak financial outlook
Jul 09, 2024
Memphis Or Bust
Just one housing market considered affordable to FTHB in Q1 2024
Jun 26, 2024
Housing Affordability Is Gen Z's Top Priority In November's Presidential Election
New Redfin survey points to this issue being more important to young adults than abortion and gun rights
Jun 04, 2024
Twenty-Somethings Buying More Homes Than Their Elders Did
Redfin analysis shows Gen Z homebuyers buying in Rust Belt metros
May 20, 2024
Renters Don't See Homeownership In Their Future
Redfin report shows less renter confidence from a year ago
Apr 15, 2024