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
Steady home-price growth to resume in 2024, experts predict
Price growth will pick back up in 2024 and hit a rate of 3.5 percent annual growth every year through 2027, according to a panel of housing experts surveyed by Zillow and Pulsenomics
by Ben Verde Mar 2
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
Keller Williams releases updated homebuying guidebook
'Your First Home' is designed to be a guide for new real estate consumers. The book is now in its second edition and includes updated information on an array of timely topics
by Jim Dalrymple II Sep 13
Most Americans think now is the time to buy homes. Here's their logic
Out of 1,000 homeowners and 1,000 renters participating, 56% or 6 of every 10 Americans think 'right now' is a great time to buy a home, according to OnePoll on behalf of Lower
by Ben Verde Jul 21
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
Be the hedgehog, not the fox: 5 tips to level up
Opinion
Moving a business from good to great sounds like a massive undertaking, but it often comes down to a handful of best practices. Agents can apply these strategies from Day 1 to build a better business
by Jimmy Burgess Mar 11
Last year's stimulus could still be fueling this year's home purchases
Nearly 1 in 4 people planning to buy a home in the next 12 months set aside stimulus money for the transaction, a Redfin survey shows
by Daniel Houston Feb 4
Demand for houses is way up. Are first-time buyers driving it there?
The share of first-time homebuyers was up last year, but far below the runup to the housing crash of 2008, according to NAR's Profile of Home Buyers and Sellers. What's happening?
by Daniel Houston Jan 10