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.
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The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.
Of the 15 states most affected by natural disasters, California and Florida had the highest non-renewal rates in 2024, a Weiss Ratings study found.
The deal will help drive development at Mortgage Cadence, which had been a unit of Accenture, and enable new integrations and automation, according to leaders.
A regulation requiring nonbanks to report violations of local and state orders to federal offices was redundant and offered no benefit, mortgage leaders said.
Mortgage loan application volume jumped 7.1% on a seasonally-adjusted basis last week, the Mortgage Bankers Association said.
Shareholders' equity topped $105 billion as net income rose 16% from the previous quarter and nearly matched year-ago results.
