Tag Archives: Homebuyers

Buyers saving up to buy a home had better be patient. No matter what the city or what the age group, saving for a new home will take years‒‒in some cases, decades.

Home price growth, uncertainty about down payments, and tight supply are making renters less sure of whether it’s a good time to buy a home, according to one analysis.

With the release of Fannie Mae’s most recent Home Purchase Sentiment Index, it seems consumers have mixed feelings on the outlook of today’s housing and economic markets.

More borrowers are taking a closer look at their mortgage documents before it’s too late, and more agencies are helping these borrowers understand what they’re getting into, well before new federal guidelines go into effect this fall.

If the GSE reform should happen, the industry should aim to meet the needs of future generations of homeowners, not the want of political interests. In order to do this, however, Ginnie Mae will need to come forward as its own government corporation.

Of all the major purchases in life, a home purchase in probably the biggest investment a consumer will make. So, it's surprising to find that homebuyers spend more time researching a car than their home loan.

Although most consumers indicate that they had a positive homebuying experience, despite a more time consuming mortgage process, they also called attention to three things that banks need to improve on.

The mortgage industry has made huge strides in terms of technological advances, offering homebuyers the opportunity to search for, tour, and make offers on homes all from digital platforms.

Despite popular beliefs, the millennial generation will eventually want to transition from their fast-paced, renter lifestyle into a single-family home with a mortgage, but the real surprise is where these young homebuyers are choosing to settle down.

Interest rates for mortgage loans, which continue to remain at historic lows, saw another increase for the second time this year. Will mortgage rates continue their upward path?