Today’s first-time homebuyer looks different than in years past. Faced with high home prices and elevated mortgage rates, ...

Buying your first home isn’t without challenges. Be ready to: Have lots of liquidity : As a first-time homebuyer, you’re not moving from one property you own to another, so you won’t have ...

As market share fell, affordability challenges and persistent inventory constraints drove the average age of first-time home buyers to a record high of 38, up from 35 last year. First-Time Home ...

First-time homebuyer market share: Decreased to a historic low of 24%; ... Despite the current challenges, many people are eager to become first-time homebuyers, and for good reason.

Housing market presents unique challenges and opportunities for first-time homebuyers Currently, the average rate for a 30-year fixed-rate mortgage stands at 6.81%, according to a recent report ...

First-time buyers are borrowing up to 5% more and being offered larger loans, but are struggling to keep pace with house ...

Many first-time buyers are pushing their affordability to the limit while many are then surprised by costs over and above the ...

First-time buyers are borrowing through mortgages that last an average of 31 years as the affordability of homes remains a stretch. A decade ago, the average mortgage term for those buying a first ...

Some first-time buyers are rethinking the traditional home ownership ladder (April 16, 2025) 2. Royal LePage: Down payment dilemma: Canadian first-time homebuyers’ fear of falling short is ...