07/20/2026
If you've been telling yourself first-time buyers can't get into this market, the data says otherwise. π‘
Nearly half of all purchase mortgages right now are going to first-time buyers. Not investors. Not move-up buyers with piles of equity. People buying their very first home.
Here's what else happened this week:
βοΈInflation came in cooler than expected, noticeably below forecasts
βοΈThat pushed the odds of a Fed rate hike this year sharply lower
βοΈRates eased slightly after starting the week near one-year highs
βοΈInventory held above 1.1 million homes for a fourth straight week, with new listings up from last year
The takeaway: affordability is still a real challenge, and nobody's pretending otherwise. But people are finding a way through it every single day usually by getting clear on their numbers first instead of waiting for a perfect moment that keeps not arriving.
Get a personalized read on what today's market means for you.
π https://www.rightstartmortgage.com/