The homebuying process can be daunting, especially if you’ve never done it before. Rates and terms are always important, but new homebuyers may need flexible down payment options, generous grants and first-rate customer service. CNBC Select has rounded up the best mortgage lenders for first-time homebuyers in a variety of categories, including military families and those with bad
(InvestigateTV) — Uncertainty in the real estate market and high mortgage rates are making homebuying a challenge for many Americans. Bank of America’s latest survey found 60 percent of potential and current homebuyers are unsure whether now is the right time to buy. But more than half – 52 percent – said conditions are better
Mortgage rates increased across most term lengths today, according to new data from Zillow. The average 30-year fixed mortgage rate rose by nine basis points to 6.70%, while the 15-year fixed rate climbed five basis points to 5.95%. Adjustable rates also moved higher, with the 5/1 ARM jumping 15 basis points to 6.88%. The Federal