down payment

September 1, 2017

Millennial Homebuyers Worry About Affordability

According to a recent survey conducted by loanDepot, 52% of Millennials (born between 1981 and 1997), cite no longer wanting to pay rent and being ready to […]
May 25, 2017

First-Time Homebuyers Deterred by Misconceptions

The lack of knowledge around the home purchase process was cited by 39% of mortgage executives as the leading barrier keeping potential first-time buyers from entering […]
January 31, 2017

Down Payments Eat Up Large Chunk of Income

To meet a 20% down payment, homebuyers on average have to spend more than two-thirds of the average annual income, according to a report from Zillow. […]
July 20, 2016

Homeownership Obstacles Vary by Ethnicity

While all prospective homebuyers may face challenges to buying a home, the perception of what those obstacles are can take different forms based one’s race or […]
June 23, 2016

A Mortgage for Debt-Ridden Millennials?

The extent to which student debt is keeping Millennials from buying homes is debatable. But for high-earning young professionals who are saddled with such loans, a […]
March 14, 2016

Millennial Home Buyers Choose Suburbs

Cities may be the top choice for millennials who rent apartments, but young home buyers are moving in droves to the suburbs, where prices are lower and […]
December 10, 2015

Student Debt Impacts Home Ownership

A new report based on research from the Harvard Joint Center for Housing Studies indicates student loans has a potentially strong impact on consumers seeking to move […]
December 7, 2015

While Down-Payments Rise, Many Renters Not Interested in Home Purchase

As demand outpaced supply in the third quarter, the amount of money consumers put down to buy a home ticked up, according to LendingTree.  The average […]