The phrase "new homebuyers" refers to people who are purchasing a house for the first time.
Sentences with «new homebuyers»
While banks still claim a larger chunk of mortgages, brokers are responsible for arranging 40 % of new mortgages and 40 % of loans for new homebuyers in the city. (mortgagebrokerstore.com)
Thirty - five percent of new homebuyers used a local bank or credit union, while 27 percent used a mortgage broker. (rismedia.com)
Of course, homeowners looking to move into larger properties have the same advantage as new homebuyers in a cooling market: less competition. (moneysense.ca)