Paul Centopani

Putting down 20% of the sales price has been the industry standard when buying a house, but less than half of consumers do that much, according to Zillow.

Intense competition among homebuyers remains as shown by the continual growth of median down payments, according to Attom Data Solutions.

Average mortgage rates plunged after the United Kingdom first voted to leave the European Union. With uncertainty now growing about how Brexit will actually happen, here's a look at the implications for the housing market and mortgage lending.

While home values rose over 5% in November, air is getting let out of the home price balloon, as the growth rate remains low compared to the past few years, according to Quicken Loans.

Weakening prices from the most expensive metro areas caused the first decline in available equity since the market started recovering from the housing crisis, according to Black Knight.

Despite increasing mortgage rates and a tepid housing market, positive consumer perception of the economy carried over to home buying during November, according to Fannie Mae.

As home value appreciation slowed, gains in home equity for the third quarter fell to the lowest level in two years, according to CoreLogic's homeowner equity report.

Growing home prices and climbing interest rates didn't stop millennials from buying houses in October, Ellie Mae said.

It's in lenders' best interests to show first-time homebuyers how to avoid overextending themselves, which is easy to do in a housing market short on inventory and long on big down payments, the CEO of Freedom Mortgage says.

The lack of housing affordability, caused by rising home prices and mortgage rates, remains a roadblock to homeownership.