Why the Midwest is the top region for first time homebuyers

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Mortgage Rates News

Orphe Divounguy,Housing Markets

With 30-year mortgage rates above 7% and housing inventory remaining low in US markets, it's becoming increasingly difficult for first-time homeowners to...

in US markets, it's becoming increasingly difficult for first-time homeowners to find something affordable. While some housing markets have grown more expensive as demand remains high, other parts of the country may still hold hope for first-time homebuyers.Divounguy explains:"Mortgages are driving most of the activity these days... In March, unfortunately, mortgages started increasing again. We saw the new listings metrics start to ease again.

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