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Tag Archives: Affordability

Median Down Payments Push Past $60K

Due to an environment of rising mortgage rates and an influx of all-cash buyers, more and more are having to increase their down payments to offset the cost of rising homes. Click through to find out why there is a prevalence of all-cash buyers in the current market.

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How Do Younger Generations Feel About Homeownership?

Millennials and Gen Zers face many obstacles in their pursuit of the American Dream, including mortgage rates hitting a 23-year high. Click through to read what a new Chase survey reveals the challenges facing younger consumers and how they are shaping their attitudes towards homeownership.

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Bringing Awareness to VA Home Loan Benefits

A new Realtor.com poll has found that only three in 10 U.S. veterans realize they can buy a home with zero down. After the link, read more on a new campaign to help educate U.S. vets and servicemembers on the benefits of VA loans.

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Where Are U.S. Retirees Flocking To?

A new poll from U.S. News & World Report ranks the nation’s top destinations where retirees are settling down based on affordability, healthcare, desirability, retiree taxes, job market, and overall happiness. Click through to find out which state occupies seven of the top 10 most sought-after areas.

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Luxury Home Prices on the Rise in Q3

Redfin reports that affluent homebuyers drove luxury home sales to the highest third-quarter level on record, growing nearly three times faster than non-luxury home prices. Click through to read the full analysis.

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Mortgage App Volume Falls for Third Straight Week

Despite the fixed-rate mortgage dipping slightly over last week, rates still linger nearly 30 basis points higher than they were a month ago. The MBA reports purchase apps have dropped to their lowest levels since 1995, and refi apps to points last found in January 2023.

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Nearly Half of All Americans Believe Now is a Bad Time to Buy

While about a third of Americans believe they’ll never be able to afford their dream home, a new survey from Bankrate revealed that almost 50% of respondents suggest that now isn't the best time to buy a home based on current market conditions. Click through to explore the latest on homebuyer sentiment.

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