In dollar terms, the average down payment in December was $63,188, an increase of 7.5% from the previous year.
Mortgage interest rates saw a mild recovery this month, but housing market experts say that doesn't change much for ...
The current average mortgage rate on a 30-year fixed mortgage is 6.78% with an APR of 6.81%, according to the Mortgage ...
Redfin found that the typical homebuyer now puts down $63,188. In dollar terms, this is an increase of 7.5% from a year earlier, when the typical homebuyer put down $58,800. In percentage terms, that ...
First-time homebuyers may qualify for mortgages that offer low down payments, lenient credit score requirements or other ...
Despite the recent improvement, things were better in September, when the 30-year average plunged to a two-year low of 5.89% ...
Elevated mortgage rates have been a pain point for home buyers over the last few years. High interest rates have pushed up borrowing costs, making it more expensive to take on a mortgage. As a result, ...
The latest NAHB/Wells Fargo Cost of Housing Index (CHI) highlights the ongoing affordability crisis in the U.S. housing ...
Elevated mortgage rates have been a pain point for home buyers over the last few years. High interest rates have pushed up borrowing costs, making it more expensive to take on a mortgage. As a result, ...
You're likely focused on down payments and mortgage rates, but don't let these other costs catch you by surprise when ...
San Jose homeowners spend nearly 80% of their income to cover an average mortgage payment, according to new data from real estate company Zoocasa. The staggering figure further solidifies what many in ...