The sum would cover 10% of the down payment in 17 of the largest US metros, Realtor.com reports.
A plan to offer up to $25,000 in down payment support to first-time homebuyers was proposed by Democratic presidential candidate Kamala Harris in her recently released economic agenda. While $25,000 would only amount to 5.8% of a median-priced home ($429,990) in August, Real...
The average borrower has gained $129,000 in equity since the start of 2020, per CoreLogic
U.S. mortgage borrowers saw their home equity increase 8% in the second quarter of 2024, with total net homeowner equity rising to $17.6 trillion. Homeowners with mortgages, which account for roughly 62% of all properties, experienced an average $25,000 increase in equity...
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