Down Payment Help for Military and Veterans; Q1 Homeownership Program Index

In honor of National Military Appreciation Month, our First Quarter 2017 Homeownership Program Index highlights the important programs available to veterans and members of the military.

The number of total down payment programs decreased to 2,454, down by just nine programs from the previous quarter. Approximately 87 percent (87.2%) of programs currently have funds available for eligible homebuyers, unchanged from the previous quarter.

Across the U.S., there are 135 programs with special benefits for veterans or members of the military, making up 5.5 percent of all homeownership programs. keep reading

Buying a Home Without Giving Up Your Avocado Toast…or Latte

Is your avocado toast or grande latte getting the blame for your rental status? Recently, Australian millionaire Tim Gurner offered young buyers some advice for buying a home: forgo the avocado toast. Millennials were not amused, citing real issues such as the rising costs in student loans and health insurance for the drag on their finances.

The Washington Post recently spoke with us at Down Payment Resource and outlined some bigger ways millennials can make a dent in their down payment savings — ranked as the number one challenge for would-be homebuyers. keep reading

5 Worst Pieces of Advice for Buying a Home

If you are considering buying a home, you’ve probably suffered from a bit of information overload. We read a lot of stories about home buying. The good news is you have countless resources at your fingertips. The bad news? There’s also some not so great advice out there that can make you feel like throwing in the towel.

Here’s some home buying advice you can bypass: keep reading