A softer rental market isn't enough to help hopeful homebuyers
Realtor.com's survey of more than 4K landlords and renters found that, although landlords are easing rental increases, it's not enough to help renters improve their financial outlooks
by Marian McPherson Feb 8
27-year Burger King employee buys 1st home after TikTok fame
Kevin Ford achieved viral status for never missing a day of work during 27 years and was able to purchase his first home through a subsequent fundraising campaign
by Ben Verde Jan 3
FHA 2024 loan limits are headed up, chasing rising home prices
Annual home price appreciation of 5.5% pushes FHA loan limits up to a minimum of $498,257 in affordable markets and to a ceiling of up to $1.72M in high-cost states like Alaska and Hawaii
by Matt Carter Nov 29
How the Sitzer | Burnett decision hurts minority homebuyers
Opinion
According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case has broad implications for the accessibility of homeownership
New startup Foyer helps first-time homebuyers with savings program
The '401(k) for homeownership' helps first-time buyers achieve their savings goals with 4.51% APY high-yield savings accounts, as well as educational tools and matching with agents and lenders
by Lillian Dickerson Oct 31
5 ways to bring the wow-factor with your first-time homebuyers
Every client presents an opportunity for repeat business and referrals. How can you ensure you impress them and stand out from the crowd?
Rocket's new 1% down mortgage also picks up tab for PMI
A hypothetical buyer putting down $2,500 to purchase a $250,000 home could save $20,500 in private mortgage insurance payments over 7 years, lender estimates
by Matt Carter May 22
First home? No problem! How to guide first-time homebuyers
In today’s highly competitive real estate market, first-time homebuyers need more information and assistance than ever
by Bernice Ross May 16
Freddie Mac spotlights lenders for promoting affordable loans
UWM, Rocket Mortgage and Fairway were enthusiastic backers of Freddie Mac's Home Possible mortgage in 2022, which lets low-income homebuyers put as little as 3% down
by Matt Carter May 15
Helping new buyers get 'invested' in real estate
Opinion
When working with buyers, take that conversation one step further and share what you know about the different investment opportunities in real estate
by Brittny McKay Feb 28
NAR: New Fannie and Freddie mortgage fees will hit middle class
The mortgage giants' federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases starting May 1
by Matt Carter Jan 20
Mortgage lenders innovate to help homebuyers cope with higher rates
Rocket, Guild and UWM are among lenders providing homebuyers with options, such as temporary rate buydowns and reduced fees on refis if rates come down from 2022 peaks
by Matt Carter Dec 27
Need clients? Here's how to capture and convert the 6 major buyer types
Converting leads into clients isn’t easy, but knowing various types of clients and how to market to them will help
by Chris Heller Nov 29
Why first-time buyers should consider buying now
Opinion
The residential real estate market is on the cusp of substantial change. Bret Weinstein offers his take on opportunities when there's a massive shift in the market
by Bret Weinstein May 11
How do we help first-time homebuyers without driving up costs?
Opinion
More and more lower-income or even middle-class households are going to be renting the American dream. This should be a red flag for our industry
by Chris Drayer May 5