HUD studied nearly 6,000 prospective first-time homebuyers to determine the effects of efforts to educate new homebuyers on housing and financial stability.
Read More »High Rents May Force Buyers Into the Market
The increasing cost of rental housing is prompting a larger number of consumers to go searching for a home to buy.
Read More »Ten Markets Primed for First-time Buyers
Affordable monthly mortgage payments, positive home values, and competition are attracting first-time homebuyers to these 10 markets.
Read More »Credit Score is Holding Back Many Millennials
A survey indicates that millennials are aware of how much their finances will affect their ability to buy a home.
Read More »The Reemergence of First-time Home Buyers
First-time buyer volume rose significantly in March 2016, driven by continued labor market improvements, riskier mortgage lending, and historically low mortgage rates.
Read More »Buyer Behavior—Emotional Factors Drive Purchase Decisions
Bank of America’s first-ever look at homebuying trends has found that more buyers want a home more than they want an investment in property.
Read More »Lenders, Here’s How to Attract First-Time Homebuyers
First-time homebuyers, including millennials, are slowly but surely making their way into the housing market and lenders need to be prepared to grab their attention and keep it.
Read More »First-Time Homebuyers Have a Tough Road Ahead
First-time homebuyers have more problems to face than just dwindling supply and higher demand: Income requirements for mortgage lending are also on the rise.
Read More »Investors With Cash Beat First-Time Homebuyers to the Closing Table
First-time homebuyers in need of financing methods are losing out on homes that are being swiped from them by cash investors.
Read More »Using an Alternative Scoring Model to Expand the Credit Box
Currently, Fannie Mae and Freddie Mac consider only the FICO scoring model when making mortgage purchase decisions. How much of a difference would it make to the industry if they considered an alternative credit scoring model?
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