Insights & Tips

Find out more about home buying, down payment help, and government aids.

Some Cities Require a Much Lower Down Payment on Homes

Buying a home used to be a very easy process in America. A couple of generations ago, a person working a normal job in retail could go put a few hundred dollars down on a home, get a 30-year mortgage with very low i...

Down Payment Strategies: How to Save for a House

Buying a house is a substantial financial commitment. A down payment is often the biggest hurdle to overcome, and it can be tough to save up enough money quickly. Homebuyers must have a stringent saving plan to achiev...

6 Simple Yet Effective Tips On Saving for a Down Payment

Saving sufficient funds to purchase a home may feel like a dream. However, you can use a solid strategy to save for the down payment and finally get your desired home. You might have the avenues you need to raise th...

Down Payments for a Home May Get Lower This Year

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...

Unforgettable Insights: 7 Valuable Lessons on Down Payments

Saving for a down payment can be one of the most intimidating financial hurdles you'll face. It requires discipline, dedication, and sacrifice but also offers an opportunity to learn valuable lessons about mo...

The New Down Payment System Is Made Possible By A Government Program

Down payments have been touted as one of the most essential variables in a real estate transaction. Whether you are purchasing a home or refinancing, down payments have proven to be a necessary measure...

Things You May Not Have Known About Down Payments

A down payment is the amount of cash that a buyer puts upfront toward the eventual purchase of an item. Generally speaking, these are big-ticket items, most usually a home or a car. However, down payments can also be p...

How First-Time Home Buyers Can Save for a Down Payment

  When planning to buy a home, you need to consider how to save for a down payment, just as you would searching for the perfect one. Purchasing a home is one of the significant investments you'll make, and t...

10 Secret Tips for Negotiating the Perfect Down payment

When investing in a home, the down payment can considerably influence your total cost. It ranges from 5% to 20% of the purchase price; you must pay it upfront. Besides, it affects both your interest rate and monthly ...