Although it's usually a challenge to buy your first home, there are more state and local programs today that are targeted to help entry-level buyers, |
Considering most forecasts projected mortgage interest rates to gradually rise, this could keep the housing market from taking as much of a breather as we have anticipated, |
The fundamental demand from entry level buyers, dominated by the second-largest generation in U.S. history ? the children of the baby boom ? will drive home sales over the next 10 years because this generation is entering the prime (home-buying) years, |
The record lows in mortgage interest rates naturally drew buyers into the market, with many more jumping in when interest rates began to rise, |
We still expect mortgage interest rates to gradually rise, so the best window may be right now for potential home buyers who have been on the sidelines, |