Tagged: down payments

Many current homeowners stayed put, while first-timers braved high rates and home prices

Borrowers having to dig deeper in another sign of higher home prices, Redfin report finds

The median age of all homebuyers hit an all-time high in 2024

Clever Real Estate found 94% of buyers who negotiated with the seller were able to bring down costs

The sum would cover 10% of the down payment in 17 of the largest US metros, Realtor.com reports.

The typical homebuyer’s down payment was 18.6% of the purchase price in June, the highest level in over a decade

The Down Payment Resource Q2 2024 Homeownership Program Index Report says that there are 2,415 programs currently being tracked.

Not all costs are fixed for a fixed mortgage — insurance, maintenance, property taxes, and utilities.

Redfin says the typical down payment was $42,375, the lowest in nearly 2 years.