Study: Only 4 States Are Affordable for Typical U.S. Homebuyers
It's no question that affordability is stratified, and as such, housing markets tend to differentiate from state to state. According ...
Tag: Down payments
Freddie Mac Expands Assistance for Very-Low-Income Purchase Borrowers
Freddie Mac announced that potential homebuyers earning 50% of area median income or less are eligible for a $2,500 credit ...
Freddie Mac Announces New Down Payment Assistance Program
Freddie Mac has announced new, standardized mortgage documents that increase clarity, consistency and accessibility of down payment assistance (DPA) programs ...
Down Payments Reach New Peak, Presenting Further Challenge for Buyers
According to research by realtor.com®, down payments on homes in the U.S. reached a new peak in Q3 2023. The ...
Down-Payment Help Is More Common Among Younger Generations
In a market full of challenges for first-time and repeat homebuyers alike, nearly 2 in 5 homeowners (39%) have received ...
NAR Reports Identify Barriers to Homeownership
There’s no market without buyers, but that doesn’t mean that buying a home is easy for them. Two new surveys ...
Mortgage Mix: Debt-Ceiling Uncertainty Influences Mortgage Market
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Rocket Mortgage Offers New 1% Down Home-Loan Program
Rocket Mortgage recently introduced ONE+, a new 1% down home loan program that will dramatically increase access to homeownership for ...
What Are the Benefits of an FHA Loan?
If you are a first-time buyer or have had trouble qualifying for other mortgages, FHA loan requirements could allow you ...
Where Are Down Payments the Least and Most Affordable?
The current state of the housing market has put home buyers, especially first time and low income buyers, on edge. ...
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