Hard Times for First-Time Homebuyers
A recent report from Down Payment Resources concludes it is increasingly difficult to be a first-time buyer in housing markets across the country.
Down Payment Report Features Innovative Maryland First-Time Buyer Program
Maryland’s SmartBuy program, which helps first-time homebuyers free themselves from student debt to buy state-owned REO properties, is featured in the March 2018 edition of the Down Payment Report.
First-Time Buyers Face High Hurdles To Homeownership In 2018
The number of first-time home buyers has declined in 2017 and so has the percentage of their down payments, according to the December 2017 Down Payment Report. More buyers reported carrying more Student Loan debt as well.
First Time Buyers’ Median Down Payment Declined In 2017
The median down payment this year represented 10 percent of all buyers, and fell from 6 percent to 5 percent for first-time buyers.
