First time home buyers

Borrower education stands as a barrier to homeownership for younger consumers and Freddie Mac is trying to change that.

Officials hope a revamped Scranton, Pa., homebuyer program administered by a nonprofit partner will boost homeownership rates and bolster investments in city neighborhoods.

Homebuyer purchase power took another big jump in October as wages grew and mortgage rates stayed low despite continuously tight housing inventory, according to First American Financial.

Sales of previously owned homes declined to a five-month low in November, indicating lean inventories are holding back a residential real estate market that's been supported by low mortgage rates and job growth.

Without the baggage of living through the Great Recession, homeownership rates for Gen Z should exceed that of millennials, a plurality of respondents to a Zillow survey said.

From the Southeast to the Midwestern plains, here's a look at the 12 cities where first-time homebuyers can afford the largest share of houses for sale, according to First American.

The housing market is likely changing to predominantly repeat purchasers, even as growth in the first-timer buyer segment continued in the third quarter, a study from Genworth found.

Millennials took advantage of the low mortgage rate landscape in October, boosting their refinance share to a survey-record high, according to Ellie Mae.

The Federal Housing Administration's loan limits will generally increase 5% next year, but changes in the composition of statistical areas will lead to decreases in 11 counties.

October's deceleration in housing values could be followed by acceleration in 2020, but a growing subset of millennials nevertheless plan to become homeowners in the new year, according to CoreLogic.