Sales of existing homes rose 2.9% in October compared to the same month a year ago, according to the National Association of Realtors.
Down payment assistance may help homebuyers purchase a home even if they don't have substantial savings.
New American Funding's Melyssa Caban explains how homebuyers can use gift funds to become homeowners.
A homebuyer's income helps to determine how much home they can afford.
Faced with a challenging housing market, fewer Black millennials are purchasing homes.
Aspiring homebuyers with student loan debt may still be able to get a mortgage.
VA loans may save homebuyers thousands of dollars, but most buyers will still need cash to cover certain expenses.
Despite the Fed's interest rate cut, mortgage rates may not move down as quickly as many homebuyers had hoped.
Mortgage payments may fluctuate over time as property taxes and homeowner's insurance change. These expenses are generally paid out of an escrow account.
Since 2019, there has been a jump in first-time buyers successfully purchasing homes in the Northeast and the Midwest.
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