Tag Archives: down payments

Young buyers disproportionately impacted by economic fallout

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According to Down Payment Resource’s latest report, millennials and Gen-Zers were on track to hit their homebuying peak before April’s record layoffs. Continue reading →

This is the No. 1 misconception millennials have about homebuying

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Misconceptions about needing a 20 percent down payment are keeping millennials from homeownership. Two experts share what can be done to help. Continue reading →

Economic uncertainty pushing millennials toward renting

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Stagnant wage growth, rising home prices and memories of the last recession are all keeping millennials on the sidelines. Continue reading →

Homeownership isn’t a necessity for most millennials: Survey

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According to a new survey commissioned by Northshore Fireplace, 65 percent of millennials believe homeownership is a ‘choice,’ rather than a necessity. Continue reading →

US home loan originations have dropped to a 4-year low

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Weakening mortgage demand caused by rising mortgage rates has slowed loan originations to its lowest level since Q1 2014, according to Attom Data Solutions’ latest report. Continue reading →