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From debunking down payment myths to making sense of interest rates, here's a look at five essential lessons lenders can teach to millennials preparing for homeownership.
September 12 -
The median down payment for a home purchased in the second quarter was 7.3%, the most in nearly three years, a result of increased competition, according to Attom Data Solutions.
September 7 -
Fannie Mae is extending its property inspection waivers to certain purchase mortgages with large down payments.
August 24 -
Affordability issues along with a lack of knowledge about home buying are holding millennials back from pursuing homeownership, according to a survey from loanDepot.
August 16 -
Low-down-payment purchases are on the rise, but not necessarily with the same pre-crisis practices and risk factors.
August 8 -
From funding sources to home prices, here's a look at five questions lenders must ask themselves before they can safely originate 1% down mortgages.
August 7 -
Freddie Mac is on track to double the number of low down payment mortgages it will buy in 2017, while continuing to see its serious delinquency rate fall to record lows.
August 1 -
Garden State Home Loans has launched a 1% down payment program for first-time buyers, opening the door for millennial purchasers.
August 1 -
Freddie Mac has set a November implementation date for its plan to tighten restrictions on seller-funded down payments.
July 28 -
JPMorgan Chase’s home lending unit is trying to position itself as the solution for millennials who increasingly want to buy their first homes despite rising prices and other affordability hurdles.
July 26