Gen Z homebuyers make up a 21.26% share of purchase requests in the top five metropolitan areas. The average down payment amount in these metros was $22,351.
Scroll through to see which metros are in the top 22 and how they fared.
Source:
Gen Z homebuyers make up a 21.26% share of purchase requests in the top five metropolitan areas. The average down payment amount in these metros was $22,351.
Scroll through to see which metros are in the top 22 and how they fared.
Source:
The National Association of Homebuilder's chief economist lays out a timeline for the market, and describes how new construction today compares to existing home sales.
The Vienna, Virginia-based credit union will pay tens of millions of dollars in penalties over what the agency said was "junk fees" charged to Navy Federal's customers.
The amount of income needed to make monthly mortgage payments are declining and approaching a key affordability benchmark, the National Association of Realtors found.
AI agents can help route tasks and make decisions along the way, but a human in the loop will still be needed to ensure effectiveness.
The post-election spike in the 10-year Treasury yield could translate to higher rates for the 30-year fixed rate mortgage in the short term.
United Wholesale Mortgage beat its own guidance on originations and gain on sale margins third quarter earninga, helped by an uptick in refinance volume due to lower rates in August and September.