Singles must save for 11 years to be able to afford the down payment on a home

What with prices soaring and inventories growing ever tighter, it’s becoming increasingly difficult for singles in particular to find an affordable home.

Saving For A Home: Heres a Few Tips

A good strategy to save the down payment and closing costs to purchase a home requires several steps. While saving money towards the down payment is always good, it’s not necessarily the place to begin. Your first house is probably the biggest investment you’ll ever make. Accomplishing it takes not only perseverance but also good […]

First-time buyers turn to crowdfunding, and lenders are backing it

Would be home buyers who can’t afford to save for a down payment are increasingly looking at crowdfunding options to fund their home purchases.

Loftium will stump up your down payment, but only if you become an Airbnb host

That company is called Loftium, which says it will provide up to $50,000 in down payment money in return for homeowners renting out one of their rooms for between one and three years,

Zillow: If you’re saving for a home, cut down on the parties!

Destination bachelor and bachelorette parties are becoming the new norm for many millennials who prize experience and grew up with The Hangover’s depiction of pre-wedding adventure. However, those who attend just nine of these trips in a lifetime

40% of Americans still overestimate down payment costs

Some real estate buyers make false assumptions about how much of a down payment they need to be able to buy a home, according to a recent survey by the National Association of Realtors. The NAR’s 2017 National Housing Pulse survey of 1,500 adults nationwide found that almost 40 percent of consumers believe a down […]

The rise of equity-sharing, down payment assistance

A new trend is seeing finance companies help buyers with down payments on a home in exchange for future equity in their properties.

States offer housing assistance to college graduates to entice them to stay put

Recent college graduates are being offered a helping hand towards homeownership in some states, which are prepared to grant them thousands of dollars towards buying a property

70% of renters say they can’t afford a down payment to buy a home

Even though a mortgage payment is more affordable than a rent payment on a monthly basis, renters say they can’t buy a home due to the pricey down payment.

You don’t need a 20 percent down payment to buy a home

It’s great if you actually have 20 percent to put down on your first home, but this kind of down payment isn’t necessary by all means. Still, many prospective homebuyers believe that 20 percent down is the norm, and that could be holding them back from buying their first home.

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