DPR CEO Explodes DPA Myths
Lenders can use DPA programs as a proactive purchase strategy to serve more buyers — and compete better in a challenging market
Tagged: Down Payment Assistance
President Trump Signs Big Beautiful Bill — Here's What It Means For Mortgage And Housing
What you need to know about the law as a mortgage professional and share with your clients
Don’t Get Me A Gift, Help Me Buy A House
More would-be homebuyers skip the wedding gift registry, instead ask for cash to help with down payment on a home
GSEs Ordered To Terminate Special Purpose Credit Programs
Fannie Mae’s and Freddie Mac’s current support for such SPCP programs is ‘inappropriate,’ FHFA has determined
Half Of Renters Give Up On Buying
Nearly half of renters polled say they don't see homeownership as possible — ever
Only Half Of FHA Borrowers Eligible For DPA Receive It
Down payment assistance programs remain underutilized, despite high eligibility among government borrowers
U.S. Down Payment Assistance Program Count Hits 2,444
The report noted a 5% increase in programs for first-generation homebuyers
Average Buyers Must Put Down Nearly $128,000 To Afford Mortgage Payments
Depending on the region, some buyers need six-digit down payments while others need none.
Freddie Mac Introduces $2,500 Credit For Low-Income Homebuyers
Initiative aims to break down barriers to homeownership for very low-income families; accessible across Freddie Mac's mortgage products, it takes effect on March 1, 2024.
Modern Barn Raising
Listen to NMP Magazine's October 2023 cover story.
