First time home buyers

The gap between supply and demand in the housing market is contributing to affordability constraints that are likely to limit homeownership long-term, according to Freddie Mac.

Mortgage credit available to consumers increased in November by 1.1% from the previous month as lenders offered more conventional products with expanded underwriting criteria, the Mortgage Bankers Association said.

It's in lenders' best interests to show first-time homebuyers how to avoid overextending themselves, which is easy to do in a housing market short on inventory and long on big down payments, the CEO of Freedom Mortgage says.

Equifax is supporting mortgage lender customer retention efforts with a new tool that predicts the likelihood that a lead will apply for a loan within the coming months.

New financing options and better inventory have bolstered the manufactured housing sector. Is this the answer to lenders' purchase-market woes?

From Provo, Utah, to Dallas, here's a look at 10 housing markets with the youngest average consumer age.

Rising interest rates are holding back existing homeowners from listing their properties, driving the gap between existing and potential sales even as that disparity narrows, First American Financial said.

Housing prices in Colorado Springs continue to increase at one of the fastest rates in the nation, according to a report by the National Association of Realtors.

Consumers blame speculative home flippers and wealthy out-of-towners for soaring home prices, but the blame may be misplaced, given many economists' views about the broader factors at play.

After more than doubling local home starts in the last decade, don't expect Dallas-Fort Worth builders to increase construction by much in 2019.

American Financial Resources, a Parsippany, N.J.-based mortgage lender, will pay any required agent fees for U.S. Department of Veterans Affairs loans for its brokers and correspondents on all AFR-related VA loan submissions starting Veterans Day.

More veterans are turning to Department of Veterans Affairs loans to buy a house as the number of purchase mortgages shot up 59% compared to five years ago.

The housing market slows down for winter, but it doesn't stop. Here's a look at 12 cities where price cuts, rent appreciation and affordability conditions will give house hunters more negotiating power going into the new year.

Mortgage industry executives claim sparse affordable housing supply is the most impactful hurdle for first-time homebuyers entering the market in 2019, but the majority don't think regulatory policy will help the cause.

The amount of mortgage credit available to consumers increased to a post-crisis high in October in reaction to more first-time homebuyers entering the market, the Mortgage Bankers Association said.

Mortgage rates dropped slightly for the second time in the past three weeks as yields on the benchmark 10-year Treasury note remained flat for most of the period, according to Freddie Mac.

Atlanta's average home prices are up 5.8% since last year, according to a high-profile report on the nation's housing market issued Tuesday.

The homeownership rate in the U.S. increased in the third quarter, a sign that first-time buyers may be seeing the cooldown in housing as a buying opportunity.

Student debt continues to weigh down potential homebuyers, as the share of first-timers decreased for the third-consecutive year, according to the National Association of Realtors.

While all portions of mortgage credit underwriting standards have slipped since the early post-crisis period, it is the deteriorating conditions that most increases vulnerability for future loan quality, a Moody's report said.