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Putting down 20% of the sales price has been the industry standard when buying a house, but less than half of consumers do that much, according to Zillow.
December 14 -
Growing home prices and climbing interest rates didn't stop millennials from buying houses in October, Ellie Mae said.
December 5 -
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.
December 4 -
Existing-home sales are on pace to fall 2.3% year-over-year in 2018, and the baby boomer generation is a big reason why, according to Fannie Mae Chief Economist Doug Duncan.
November 29 -
Investing in community partnerships can feel counterintuitive at a time when most mortgage lenders are cutting costs, but it can pay off by attracting a key homebuyer demographic.
November 27Cultural Outreach -
From Provo, Utah, to Dallas, here's a look at 10 housing markets with the youngest average consumer age.
November 21 -
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.
November 19 -
As interest rates rise, mortgage originators need to teach millennial homebuyers about the product options outside of conventional loans, Ellie Mae said.
November 14 -
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.
November 13 -
Most millennials are purchasing fixer-uppers in order to afford a house, with 75% planning to finance renovations by tapping the equity in their home, according to a Chase Home Lending report conducted with Pinterest.
November 12