The COVID-19 pandemic has touched all phases of the homebuying journey. Today’s first-time home buyers find themselves flailing in cross-currents: Fearing health risks, homeowners have delayed putting their homes up for sale, limiting supply. All-time low mortgage rates have encouraged even more buyers to leap into a fiercely competitive market. Meanwhile, tighter mortgage standards make...
The article The Property Line: 4 Market Headwinds Facing First-Time Buyers originally appeared on NerdWallet.
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