First-time homebuyers are typically defined as those entering the market who’ve never owned a home. However, anyone who has not owned a home for the last three years also qualifies as a first-timer.

Before 1974, women couldn’t secure a mortgage without a male co-signer. Single women accounted for 20% of all homebuyers nationally in 2024; single men accounted for 11%. Bria Myers, 27, described her ...

Builders and lenders are increasing incentives like grants, price reductions, and mortgage rate buy-downs for first-time buyers in 2026. NAR sees these trends as key to improved affordability. AI ...

Why Rocket Mortgage stands out: Rocket helps renters make the leap to homeownership with a grant equal to a portion of rent paid. Rocket RentRewards allows current renters to apply up to 10% of what ...