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First-time homebuyers using loans backed by private mortgage insurance soared in the fourth quarter on the growing popularity of Fannie Mae and Freddie Mac's 3% down payment options, according to Genworth.
February 22 -
Here's a look at the 12 cities where it takes the longest for homebuyers to save up enough money to make a 20% down payment on a house.
February 19 -
Bay Area home prices are out of reach for many middle-income families, but surely if you're a highly prized engineer at Apple or Google you can afford a house here, right?
February 16 -
The only thing that might be colder than Toronto in January is the city's housing market.
January 30 -
Here's a look at 10 cities where the fewest house hunters have prime credit.
January 24 -
Here's a look at the 10 housing markets where the most homebuyers have prime credit scores.
January 24 -
CMG Financial is offering a new affinity marketing portal on its crowdfunding platform for down payments and positioning it as a way for employers to retain millennials.
January 10 -
Millennials who want affordable home prices in an urban market may want to check out the Gem City.
January 4 -
To succeed in an era of increasingly narrow margins and broad competition, mortgage lenders must be methodical about loan fulfillment and take a "less is more" approach to designing workflows.
December 18
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The median down payment for single-family homes purchased with financing has reached a new high in the third quarter, according to Attom Data Solutions.
December 14 -
Owensboro's continued place on a list of U.S. cities attracting millennial home buyers is once again attracting media attention.
December 1 -
Just to keep up with rising home prices in the Seattle area, would-be buyers needed an $11,000 pay raise in the past year to afford the typical mortgage.
November 29 -
New Penn Financial has entered into a pilot program to provide mortgage financing to participants in Home Partners of America's Lease Purchase program.
November 29 -
Sometimes reaching underserved borrowers takes experimenting with changes to the mortgage finance system. That's why Fannie Mae and Freddie Mac are working with lenders to test innovative loan products that meet borrowers' evolving needs.
November 24 -
Potential first-time home buyers can save money for a down payment if they are able to use a special account just for that purpose.
November 17
Bilt Rewards -
Over half of mortgage industry executives anticipate first-time home buyer growth in 2018, estimating that market will grow at a faster pace than the overall housing market, according to Genworth Financial.
November 17 -
A real estate agent allegedly duped two home buyers into thinking they had purchased a Boynton Beach, Fla., residence but instead pocketed their down payment and monthly payments, according to an arrest report.
November 13 -
With home values projected to rise in every major U.S. metro in 2018, a 20% down payment will cost thousands of dollars more, according to Zillow.
November 9 -
An emerging group of local entrepreneurs is taking up arms against the sky-high cost of living in the Bay Area, hoping to end once and for all the housing crisis crippling the region.
November 7 -
Homes on Staten Island are reaching "unaffordable levels," at a time when there are less homes on the market than buyers who want to purchase them.
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