Report: LGBTQ+ Gen Z buyers may face longer path to ownership

A new LGBTQ+ Real Estate Alliance report says family financial support, down payment savings and discrimination concerns may shape when some young adults are ready to buy. For Realtors, the survey offers a reminder to start financing conversations early and connect customers with trusted resources.

Future homebuyers cite prices, payments as top barriers

Americans who plan to buy a home in the next five years say affordability concerns are keeping them from purchasing now, according to a new survey. High prices, monthly payment worries, mortgage rates and down payment costs were among the top barriers.

Rates Recover Modestly

Mortgage rates were rapidly approaching 10-month highs as of yesterday afternoon. They managed a friendly bounce today, but it was fairly small with the average lender dropping 0.03% to 6.5% for a top-tier 30yr fixed scenario. One reason for caution is that the rate improvement looks to be dependent

Help buyers look beyond rates

Mortgage rates matter, but they are not the only number shaping affordability. Real estate professionals can help buyers review seller concessions, buydowns, loan options, down payment programs and home choices that may make a purchase work now.