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.

Many first-time homebuyers might presume they're better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. While it's true that ...

An important part of the mission of the Federal Housing Administration (FHA) is to provide affordable mortgages that both promote the transition from renting to owning and create “sustainable” ...