The survey also revealed first-time homebuyers are willing to spend more on their first homes, with 40% citing they plan to spend $300,000 or more, up 9% from last year. There’s Still More to ...

Mortgage applications continued to fall last week, slipping to the lowest level in 20 years amid rising interest rates.However, mortgage applications from first-time homebuyers actually increased ...

Demand for mortgages was down 17%, led by a sharp decline in refinancing. While overall purchases were down, government loan activity showed that first-time homebuyers were still active as ...

First-time homebuyers battling rapid decline in affordability: Numbers 'just not working' Atlanta Federal Reserve reports US households have to spend nearly 43% of their monthly income to afford ...

First-time homebuyers sidelined by higher mortgage rates by Sylvan Lane - 04/28/22 5:16 AM ET. ... and the recent spike in financing terms have already led to a decline in mortgage applications.

Those with equity in a home can trade up more easily, while many first-time homebuyers are still stuck on the sidelines.

It's a tough time for homebuyers in the US. Unfortunately it got a bit tougher in June, as prices jumped to fresh all-time ...

With more first-time homebuyers in the market, we continue to see increased sensitivity to rate changes,” Joel Kan, MBA’s vice president and chief economist, said in a statement.

First-time home buyers made up the smallest share of U.S. buyers in nearly three decades, a traditionally solid slice of the housing market whose absence is raising questions about the impact of ...

In comparison, overall, first-time buyers made up just 44% of the market, down from 50% in 2023.. A recent Zillow ® survey found that 62% of Black home buyers purchased their first home in 2024 ...

Some Wisconsin cities are the best for first-time homebuyers, according to studies from SmartAsset and WalletHub. Appleton is ...