First time home buyers

The average number of days to close a home loan for a millennial varied significantly by state in July as buyers continued competing for tight inventory, according to Ellie Mae.

Home prices are still hot in Santa Cruz County, Calif., but some signs point to seasonal cooling.

From Indiana to Ohio, here's a look at the 12 states where the combination of prices and wages offer home buyers the best bang for the buck.

The mortgage market shift to purchase lending has arrived. Test your knowledge of these key real estate industry terms.

Nondepository mortgage bankers and brokers employment dipped slightly in July, ending a four-month run of hiring pickups.

The volume of homes sold to first-time buyers during the second quarter reached a high not seen since 1999 and accounted for more than half of purchase mortgage originations.

Millennial credit scores are lower than when Generation X consumers were coming of age, reflecting changes in credit consumption and other consumer behaviors.

Wells Fargo forced borrowers to pay millions of dollars in fees to extend interest rate locks that expired due to the bank's delays in processing mortgage applications, a lawsuit claims.

Homeowners are eager to hold onto the ultra-low mortgage interest rates they were able to get after the crash, and they are leery about taking a chance on a move.

A decline in purchases of new homes in July may be a sign the industry took a breather following an even stronger run of sales than previously reported.

Though potential homeownership demand declined moderately between 2015 and 2016, the underlying fundamentals for demand remained positive.

Affordability issues along with a lack of knowledge about home buying are holding millennials back from pursuing homeownership, according to a survey from loanDepot.

FHA loans made to millennial home buyers have been steadily decreasing the past four months, indicating they may be able to afford more at the moment.

People 55 and older own 53% of U.S. owner-occupied houses, the biggest share since the government started collecting data in 1900.

For the first time ever, the median King County, Wash., home price has grown more than $100,000 in just a year, a new grim milestone for buyers already dealing with the hottest housing market in the country.

From funding sources to home prices, here's a look at five questions lenders must ask themselves before they can safely originate 1% down mortgages.

Housing construction in the Twin Cities metro rose nearly 17 percent in July, but most of that gain was apartments.

Garden State Home Loans has launched a 1% down payment program for first-time buyers, opening the door for millennial purchasers.

The cheapest housing markets aren't always the most affordable cities for first-time home buyers and existing homeowners. Here's a look at 12 cities with low home prices, but where other factors put a damper on purchasing power.

Home prices in South Florida increased 5.3% in May from a year ago, a sign that recent gains are moderating, a new report shows.