Only 3.1% of Americans below age 30 have a mortgage, study finds.
Tagged: First-Time Homebuyers
62% of Black homebuyers purchased their first home last year, amid a nationwide downturn.
With new mortgage closing cost credit program, Rocket hopes to help renters get into their own homes
The median age of all homebuyers hit an all-time high in 2024
Median purchase application payments rose 3.5% from the end of 2023 — the last 'worst year in decades' for home sales
As the average age of homebuyers rises, "many Americans still see the ideal of having a home belongs to them," Realtor.com's Laura Eddy says.
With sales slow, new reports gauge top markets for first time homebuyers and purchaser priorities
Clever Real Estate found 94% of buyers who negotiated with the seller were able to bring down costs
The NAR Chief Economist offers a blended forecast for 2025 and 2026
Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.