The record-breaking year that was 2021 seems to be a one-off performance, as the 2022 market is experiencing the upward creep of mortgage rates compounded with record-high prices, which is only adding to affordability issues.
Read More »Midsize, Small Markets Led Surging YoY Q1 Home Price Gains
According to the National Association of Realtors' latest quarterly report, Q1 of 2022 found more markets reaching double-digit annual price gains than the previous quarter. Meanwhile, approximately 70% of ...
Read More »What is Holding Back Potential Homebuyers From Entering the Market?
The lack of affordable homes is now firmly seated as the top reason holding potential buyers back from entering the housing market, according to a new study from ...
Read More »First-Time Buyers Utilizing Stimulus for Down Payments
Nearly one in four survey respondents said stimulus payments during the pandemic has helped fund their down payment.
Read More »The Midwest: Where Saving for a Down Payment is Easiest
Saving for a down payment is one of the most important steps in the homebuying process. But as the average home price eclipses $380,000, the amount buyers need to save up ...
Read More »Milo Launches Crypto Mortgage Offering
New product will allow users to leverage their digital assets to purchase U.S. real estate.
Read More »Wells Fargo To Assist 300 Homeowners With Down Payments
Wells Fargo N.A, is making it easier for low-income residents in Houston to save up for a down payment by offering $15,000 down payment assistance grants to help get prospective buyers into a ...
Read More »Mortgage Rates Dip and Continue to Hover Below the 3% Mark
With mortgage rates still in refi-friendly territory, dropping week-over-week, according to Freddie Mac’s weekly report.
Read More »The Average Home Down Payment Crosses $100K in California
A new analysis by LendingTree has found that the average down payment has kept pace with record-high home prices, with some down payments coming in at 88% of the median area income.
Read More »No. 1 Homebuyer Hurdle
Elevated home prices have made the prospect of purchasing property for the first time especially daunting. Broadly speaking, that has not quelled Americans' desire to become homeowners, shows ...
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