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.
Tagged: Down Payment Assistance
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.
Freddie Mac Leads Effort To Standardize, Streamline Down Payment Assistance Programs
Initiative aims to remove confusion and improve access for homebuyers seeking down payment assistance.
NewRez Introduces 1% Down Mortgages
RezSource targeted to low-income borrowers and first-time homebuyers.
Freddie Mac Introduces 'DPA One' to Simplify Downpayment Assistance for Homebuyers
New platform aims to aggregate and streamline access to a wide range of assistance programs, with a focus on making homeownership more attainable for first-time and repeat buyers.
Mortgage Assistance On The Rise
Family to the rescue in today's housing market hurdles.
Rocket Introduces Its Own 1% Down Program
Eliminates mortgage insurance fees and allows more borrowers to qualify for the program.
Houston Association Of Realtors Promote Home-Buying Aid
Teams with Down Payment Resource to raise awareness of home-buyer assistance programs.