Home Buying Archives

Biden Threatens Golden Goose, Plans to Hike Payments for Good-Credit Homebuyers to Subsidize High-Risk Mortgages

Democrat President Joe Biden has a new plan to penalize homeowners who have good credit scores by making them pay more monthly to subsidize costs for high-risk buyers. The changes will begin in May and have many experts furious. The plan will hit home buyers with a FICO credit score…

Baby Boomers Replace Millennials as Top Home-Buying Generation in America

Baby boomers have just taken the top spot when it comes to buying homes in America. Boomers, aged 58–76, have now surpassed millennials, ranging from ages 24–42, as the top home-buying generation, a just-released study by the National Association of Realtors (NAR) indicates. The NAR indicates in its 2023 Home…

Moving House in the Dead of Winter Is Best Time for Bargains, New Study Finds

A new study has found that moving house in the dead of winter has its advantages because it's a good time to find bargains. For those living in colder states, heading out in the freezing cold and looking for a new apartment doesn't seem like the best time to hunt…

Cost of Buying a Home Soars as Supply Hits Record Low Levels

The cost of buying a home in America has soared to new highs as the supply levels have hit new lows. The number of mortgage applications from prospective homebuyers has dropped significantly for the week ending Feb. 4. The number of refinancing applications has also dropped off following the rise…