First-time homebuyer
First-time homebuyer
A first-time homebuyer, in general, is someone who hasn't owned a home previously. Other definitions apply for specific financial actions, such as early withdrawal from an IRA without penalty for the purchase of a home. In this case, a first-time homebuyer is one who hasn't owned a home for two years prior to the purchase of the new home.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
5.03 |
| 15 yr fixed |
4.58 |
| 5/1 ARM | 3.99 |
Rates may contain points
