The Washington Post recently published an article examining alternative estimates of first-time homebuyers’ age. MBA members have asked about this data, so this week’s Chart of the Week explores the Post’s analysis and current FTHB data trends.
Tag: First-Time Buyers
Nationwide: First-Time Buyers Experiencing High Levels of Stress
Nationwide, Columbus, Ohio, reported that recent first-time buyers found buying a home more stressful than some other major life milestones.
USMI: 64% of Buyers With Private Mortgage Insurance Are Purchasing First Home
U.S. Mortgage Insurers, Washington, released a report finding that nearly 800,000 Americans used private mortgage insurance to purchase a home in 2023, and 64% were first-time buyers.
ICE Mortgage Monitor: 2023 Saw Three-Decade Low in Originations
Intercontinental Exchange Inc., Atlanta, released its Mortgage Monitor report for March, featuring some full-year 2023 insights. Among those, the report recorded only 4.3 million mortgages as originated in 2023, the lowest since ICE began tracking the data 30 years ago.