Saving for a down payment is one of the most important steps in the homebuying process. But as the average home price eclipses $380,000, the amount buyers need to save up ...
Read More »Despite Low Mortgage Rates, Americans Struggle to Afford Down Payments
A recent report reveals that monthly mortgage payments for U.S. homeowners have hit record lows. What factors are preventing prospective homebuyers from making this first step toward homeownership?
Read More »The Millennial Home Shopper—Booming and Buying Cheaper
Despite some common misconceptions, millennials aren't looking to buy in pricier metro areas. Where are these young buyers looking to move?
Read More »How Can Lenders Reach Millennial Homebuyers?
Millennials are the fastest-growing and largest homebuying group in the nation, but their needs may be different than those before them. At an MReport webinar titled Hottest Buyers on the Block: Reaching Millennials, experts addressed how lenders can change their approach to keep up with the changing needs of these buyers.
Read More »The Next Gap in Housing: Homebuyer Knowledge
Home prices continue escalating in a generally tight U.S. market, which is making half of Americans believe they can’t afford to buy, according to a new report from ...
Read More »Rising Rent Costs Blocking Homeownership Dreams for Many
It’s no secret that rent prices are taking a big bite out of many Americans’ incomes, especially for those not in a position to purchase a home. Even ...
Read More »Fintech Fast Tracks Mortgages
A recent study is examining how advances in technology are making it easier for more people to have access to financial resources.
Read More »Down, Down, Down Payments
Saving up for a down payment on a home, especially for first-time homebuyers, can be overwhelming. However, the current buying climate may be the proverbial fan to the flame.
Read More »How Do Millennials Get into the Housing Market?
Millennials are spending more than any other generation on their vices. With dwindling inventory and rising home prices, how will they get their foot in the homeownership door?
Read More »Easing the Down Payment Burden for Military and Veterans
The amount of down payment assistance programs available dropped very slightly in Q1, but thousands of programs are still out there. A recent report highlights the most important of these programs available to military and veterans. On top of VA loans, veterans can expect to cut down their down payment entirely with these programs.
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