Are first-time home buyers really being squeezed out? Cathy Baker of Houston's Baker Mortgage says it all depends on their current debt.Baker says even paying off your car can make a big difference. She says there's a good amount of inventory available now - and that's a good thing
The real estate market is still tough without a trade in. First time buyers are feeling the pinch with home prices rising almost 15% in May along with higher interest rates .but Cathy Baker of Baker Mortgage says home prices are now changing in their favor.