First-time homebuyers have shrunk to a record low while those looking to purchase a home are getting a lot older, a new study says.
The loans are available for new or existing single-family residences, including some types of manufactured homes; 30-year terms; and a maximum sales price limit of $224,500.
Inflation-fueled high mortgage rates, inflation rates that stubbornly stay above ... Few industries and jobs are truly safe – even major banks like Bank of America and tech companies, like Amazon, ...
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.
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