Report: Homebuyer Assistance Programs at All-Time High
A new report has found a record high number of assistance programs – more than 2,500 – are now available for today’s homebuyers, and the programs remained well funded in 2017.
A new report has found a record high number of assistance programs – more than 2,500 – are now available for today’s homebuyers, and the programs remained well funded in 2017.
A typical single homebuyer would need to save for nearly 11 years to have enough money for a 20 percent down payment on the typical U.S. home, according to a new Zillow analysis.
One percent down on a new home loan? Zero down? Generous gifts of thousands of dollars from mortgage companies to help you swing the deal?
The number of total programs decreased to 2,454 in the first quarter of 2017, down nine programs from the previous quarter, according to the First Quarter 2017 Homeownership Program Index report from Down Payment Resource (DPR).