The New Math of Becoming a Homeowner - Nick Friedman | S3E30

About this episode

To provide better context about what lenders are seeing in the early stages of the homebuying process among different cohorts, HomeLight President Nick Friedman and October Research Chief Knowledge Officer Mary Schuster discussed findings about how borrowers are trying to save a buck amid elevated home prices and rates, as described in HomeLight’s latest Lender Insights & Predictions report. Loan officers from 57 lending companies indicated what they view as the biggest obstacle facing first-time homebuyers – even greater than mortgage rates or down payment/closing costs. Nick and Mary discussed how buyer expectations are shifting, as well as practical and creative solutions for making the…