Only 6.1% of mortgaged home sales used a jumbo loan in April, down from 10.6% a year earlier.
The post One-Third of Homebuyers Now Paying in All-Cash Deals appeared first on Weekly Real Estate News.
Texas-based mortgage platform Stairs Financial launched on Thursday after completing a $3.5 million funding round. With first-time buyers accounting for just 26% of all home purchases in 2022 — a 41-year low — the mortgage […]
First-time homebuyers made up 55% of agency purchase mortgages in 2023, according to Intercontinental Exchange (ICE) eMBS data, the highest such share in the 10 years ICE has been tracking the metric. A record […]
Gen Zer homebuyers are beginning to make a dent in the share of mortgage offers made in some of the nation’s trendiest metropolitan areas. The young adults are more eager than their millennial predecessors to buy homes […]
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