Tag Archives: Down Payment Resource

Courtney Hess of Mortgage Cadence explains the changing face of the average American homebuyer, and how expanding product offerings can keep pace with this evolving market.

Even though zero-down-payment programs exist, the more a person can put down on a home, the more likely they are to get approved for a mortgage and/or be offered a lower interest rate. But as with many things, it comes down to location, location, location...

According to a new report from Down Payment Resource, the number of homebuyer assistance programs available to help people finance homes inched forward 0.5%, offering more opportunities to those who remain financially worried about housing costs.

A new report found an upward trend in new homebuyer assistance programs amid difficult homebuying conditions.

Among renters and non-homeowners, many believe that the once-standard down payment of 20% is a rule, not a recommendation, on the path to homeownership.

As the quest for the American Dream continues, homebuyer competition intensifies amidst rising rates, record high prices, and insufficient inventory.

The partnership will enable MGIC customers to access discounted services from Down Payment Resource to research down payment assistance programs.

Although some recent reports are saying that homeownership is struggling, newer “super low down” loans are beginning to become more popular with millennials. It is estimated that, on average, it takes young people nearly a decade to save for a traditional 20 percent downpayment. In response, some lenders are implementing 3 percent equity mortgages.

Increasing home prices, rising market demand, and confusion around down payment requirements are impacting down payment trends across the country, according to this month’s Down Payment Report from ...

The number of down payment assistance programs increased in the final months of 2016, how does this impact funding for first-time homebuyers?