With rents rising more slowly than wages, renters on average have an extra $2,318 annually that they can put toward a mortgage down payment.
Consumer sentiment reports can be important. But markets are obsessed with the Middle East and are ignoring almost everything else.
Looking forward to closing on your new home? Avoid these two common homebuyer mistakes that have the potential to derail your plans.
Are markets ignoring the likely scale of the energy crisis? That might explain near-stagnant mortgage rates.
Markets initially welcomed an extension to the Middle East ceasefire. But then they thought things through.
Recently, most economic data have been overshadowed by the Middle East crisis. Will that fate befall today's retail sales report?
Down payment assistance programs can make a real difference in challenging housing markets, such as Detroit, MI, according to the Federal Reserve
Last Friday gave real hope of a Middle East peace accord. But, this morning, the uncertainty has returned, leaving mortgage rates with little room to fall further.