What Does the New Tax Law Mean for First-Time Buyers? With significant changes to the tax code taking effect this year, homeowners and prospective buyers are revising their plans to take advantage of its...
Do Low Down Payments Make Mortgages More or Less Affordable? File this question under “it depends.” It’s true that loans with down payments of 20 percent or more cost borrowers less over time than...
Report Recommends Raising Consumer Awareness of Down Payment Assistance A new report on credit access and affordability by the Urban Institute’s Housing Finance Policy Center commissioned by Down Payment Resource and Freddie Mac...
How Low Should You Go? Pros and Cons of a Low Down Payment When it comes to a down payment on your home, are you aiming high or low? The down payment is the number one reason...
Buying a home? Here’s what the Equifax breach could mean for you. We should all be paying attention to the recent Equifax data breach, estimated to potentially impact the personal data of 143 million U.S. consumers....
How Long Will it Take to Save Your Down Payment? When you’re saving to buy a home, you want it to go as quickly as possible. Right? But, based on your current salary, how...
Is Mortgage Insurance Really Worth It? If you’re considering a low down payment mortgage—less than 20%–you may have heard you’ll need to pay mortgage insurance (also known as MI, private...
