First-Time Home Buyers Downsizing

Faced with high prices and rates, first-time buyers are choosing smaller homes, prompting builders to scale down size and features to keep sales moving.

Lowest Mortgage Rates in More Than a Month

Mortgage rates being offered today are only a hair lower for the average lender than they were on June 4th, but June 4th was the best day since early May.  In other words, today's average rate is the lowest in just over a month. This didn't happen by chance. The underlying bond market has been

Mortgage Rates Tick Down This Week

The average rate on a 30-year mortgage fell to 6.84% from 6.85% last week. Rates on 15-year mortgages declined to 5.97% from 5.99%.

How Education Is Shaping Homeownership

Four Florida metros lead the country with the highest homeownership rates, driven by residents with college degrees, a new study found.