Articles

• Author: Noah Koch
• Posted: 2025-12-16

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...

• Author: Chris Remington
• Posted: 2026-03-05

Securing the funds for a down payment can be one of the biggest challenges when purchasing a home. The down payment is an initial contribution from the buyer and constitutes a portion of the total cost. A sizable down...

• Author: Myron Hansen
• Posted: 2026-02-22

When buying a house, the down payment is an essential factor to consider. A down payment requires paying an initial sum upfront to receive a mortgage loan. The larger your deposit, the lower your monthly repayments will b...

• Author: Margaret Hills
• Posted: 2026-02-07

Saving for a down payment can be a daunting task, especially for first-time homebuyers. It's no secret that this initial payment can be a significant barrier to homeownership, and with the current state of th...

• Author: Noah Koch
• Posted: May 05, 2026

The housing market showed signs of improvement last year, and more veterans took advantage of VA loans as a result. According to the Department of Veterans Affairs, lenders issued 528,343 VA loans du...

• Author: Jennifer Kloss
• Posted: Apr 30, 2026

2026 has been an unpredictable year for mortgage rates. Back in February, things were looking up for homebuyers. The average 30-year mortgage rate dropped to 5.87%, and some well-qualified buyers were getting rates close to 5...

• Author: Jennifer Kloss
• Posted: Apr 23, 2026

Buying a home is still one of the best ways to build wealth. Research from Realtor.com shows that people who buy their first home before age 30 end up with about 22.5% more wealth by the time they turn 50. Ho...

• Author: Margaret Hills
• Posted: Apr 17, 2026

When buying a home, you don't always have to use your own savings for the down payment. Many homebuyers receive money as a gift from others to help cover this cost. This gifted money is called "gift funds." Gif...

• Author: Margaret Hills
• Posted: Apr 08, 2026

An FHA adjustable-rate mortgage (ARM) is a home loan backed by the Federal Housing Administration. Unlike a regular fixed-rate mortgage where your interest rate stays the same forever, an FHA ARM has an interest rate that can ch...

• Author: Margaret Hills
• Posted: Apr 01, 2026

Home prices have been rising rapidly across the country, which means down payments are getting bigger too. In many areas, buyers need to save $50,000 or more just to make a down payment. This create...