first-time home buyer

U.S. existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers — Photo by Jared VanderMee

Climb Mortgage Rates vs Price Drop First‑Time Buyers Stomp

A 1.7% dip in existing home prices paired with a 6.69% 30-year mortgage rate creates a brief buying advantage for first-time buyers. Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice. Consult a licensed financial advisor before making investment decisions. Mortgage Rates