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 rates provided to NerdWallet by Zillow. A basis point is ...

Let's get real about buying a home for the first time. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are ...

VA home loans provide veterans lifetime benefits including no down payment requirements, competitive rates, and reusable guarantees for purchases and refinancing options.

Private mortgage insurance enables first-time and working-class buyers to purchase homes years sooner with lower upfront costs and new tax benefits.

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 NerdWallet, but this does not influence our evaluations, lender ...

Meanwhile, people who already own homes are accruing huge amounts of equity, thanks to soaring values and low prepandemic mortgage rates. That allows them to make larger down payments and all-cash offers when they want to buy something new. First-time buyers, especially younger ones, can’t compete.

A VA loan with zero down payment lets veterans buy homes years sooner. Most first-time users pay nothing down, avoiding the $51,600 average upfront cost.

Economists have chalked the record – 27% of home purchases have been by first-time owners – up to lower interest rates, increased choice and favourable loa

Joe Brown was ready to buy a home, but didn't have a 20 percent down payment. A VA loan helped him get his dream home with no money down.

The proposal comes after Trump directed Pulte to leverage Fannie and Freddie to ramp up the country’s stalled housing production.