Why it’s actually a good thing for the housing market that so many homeowners have mortgage rates over 6% now.

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This week, mortgage rates rose to their highest level since May 2024. The average rate on the 30-year fixed-rate mortgage went up three basis points to 7.07% in the week ending May 29, according to ...

First-time buyers in 2026 are leveraging grants, ARMs, and resource pooling as NAR sees affordability improvements.

The average long-term mortgage rate rose to 6.16%, mortgage buyer Freddie Mac said Thursday. That’s up slightly from 6.15% ...

Homes remained out of reach for many people of first-time home buyer age in the first quarter of the year. Some or all of the mortgage lenders featured on our site are advertising partners of ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. JohnnyGreig / Getty Images To ...

Rounding out the top 10 are Syracuse, N.Y., Baltimore, the Minneapolis suburb St. Louis Park, Minn., Pittsburgh, and Garfield ...

“First-time buyers face high home prices, high mortgage interest rates and limited inventory, making them a decade older with ...

The average first-time homebuyer is now 40, the oldest on record, yet buying this late can leave you $150K behind in equity.