first-time homebuyers

According to a report by, Zillow Group Inc. (NASDAQ:Z), a median-income U.S. household can now swing a home priced at $331,483, a jump of $30,302 from a year earlier and the strongest affordability reading since March 2022. That improvement arrives as first-time buyer share slid to 21% in the 12...

With U.S. mortgage rates near all-time lows, the appeal of purchasing a home has become much more enticing. For those who currently own, those lower rates mean looking into refinancing options to lock in lower rates; for those who rent, this may provide a nice entrance into home ownership....

Wells Fargo & Co (NYSE: WFC) announced a new home loan initiative. Called, "yourFirst Mortgage," the program offers down payments at as little as 3 percent for applicable mortgages. The program is aimed at first-time homebuyers and low- to moderate-income families. The Initiative Wells Fargo...

First-time homebuyers are often overwhelmed with information. From interest rates to loan offerings, approvals to inspections and realtor lingo to legalese, the whole process quickly becomes headache inducing. Having never made such a colossal purchase, literally or financially, there is a...