What First-Time Buyers Want the Government to Do

Lower mortgage rates are what first-time home buyers most want from the government in addressing real estate needs, according to a new survey of about 600 first-time home buyers conducted by the real estate brokerage Redfin. Mortgage rates are hovering near historic lows, yet 66% of first-time home buyers surveyed say they want rates to head even lower.
Besides lower interest rates, first-time buyers also want the government to provide tax credits and ease lending standards in helping to make home buying more affordable in the short-term, the survey finds.
Continue… https://magazine.realtor/daily-news/2020/01/30/what-first-time-buyers-want-the-government-to-do