Find out more about home buying, down payment help, and government aids.
The Average Down Payment for Houses is Now More Than $63,000
In today's housing market, buying a home has become more expensive, not just because home prices are going up but also because the amount of money you need for a down payment has increased. The latest informat...
How to Get a Good Deal When Buying a Home
Buying a home is a big deal, and getting a good price can save you a lot of money. Here are some tips on how to make that happen: Before You Start Negotiating Learn About the House’s Value: Check how ...
Crucial Advice You Need to Understand before Applying for Security Deposit
Purchasing a home is quite complex, making most people face numerous challenges before owning their dream homes. Often, they spend more time and money before completing the process. Before starting th...
Down Payment Increases Potentially Causing More Debt
Most adults who are in the market for their own home have heard time and again that it's important for them to come up with a down payment for the house. This way, the mortgage company is far more likely to lend the money...
States Help Elderly Skip Property Taxes as Home Costs Soar
In the United States, property taxes have increased substantially in the last five years, which has made it harder for many homeowners to afford housing. This rise in taxes has especially affected older homeowners w...
HUD Organizes Key Meeting to Shape Future Housing Policies
On October 7 and 8, the acting Secretary of Housing and Urban Development (HUD), Adrianne Todman, organized a significant event titled "Next Generation of Housing Policy" roundtable. This gathering was ...
Things You May Not Have Known About Down Payments
A down payment is the amount of cash that a buyer puts upfront toward the eventual purchase of an item. Generally speaking, these are big-ticket items, most usually a home or a car. However, down payments can also be p...
Down Payments for a Home May Get Lower This Year
In 2022, the median down payment for first-time home buyers was about 13%. This represents an increase from 2021 when the down payment for first-time home buyers was around 7%, while for repeat buyers it was about 17%. F...
How To Negotiate With Lenders To Get the Lowest Possible Down Payment on Your Home Purchase
A down payment is among the critical steps toward buying a home. It's an important factor in determining whether you can get the loan and affects your ability to secure a mortg...