Tag Archives: First-Time Buyer

As rates climb back toward historic norms, homes are now becoming more sensitive to changing mortgage interest rates. Find out how this may work in first time buyers' favor.

A swirl of debts and harsh realities is keeping more first-time buyers out of the American Dream. But there are encouraging signs amid the chaos of a dry housing market.

Millennials are taking a more feasible route on the journey to homeownership, according to one survey.

First-time buyer volume rose significantly in March 2016, driven by continued labor market improvements, riskier mortgage lending, and historically low mortgage rates.

Over five months after the implementation of the TILA-RESPA Integrated Disclosure rule, first-time buyers are still enduring its consequences with closing delays on home purchases. See what analysts believe will happen after the TRID backlog subsides.

Existing-home sales have reversed the downward trend in recorded in August due to stock market declines, rising 4.7 percent to a seasonally adjusted annual rates of 5.55 million in September, the highest pace since February 2007. The National Association of Realtors reported Thursday that September's rebound in existing–home sales marks a year–over–year increase for 12 consecutive months and all four major regions experienced gains.

First-time buyers comprised 56.9 percent of primary owner-occupied home purchase mortgages with a government guarantee in August 2015, up from the 54.5 percent share last August, the American Enterprise Institute reported in their First-Time Buyer Mortgage Share Index.