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NAR: Homebuyers still have down payment misconceptions

Housing Wire

Financing options, misplaced guidance Conventional loans remain the most common path to homeownership , but many first-time buyers also turn to government financing. Nearly 29% of first-time buyers used Federal Housing Administration (FHA) loans , which require a minimum down payment of 3.5%. Another 9% used U.S.

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Down payments drop for the first time in nearly 2 years

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock By the Numbers Down payments drop for the first time in nearly 2 years A new Redfin report suggests homebuyers may be seeking less expensive homes as ongoing economic concerns add pressure to large purchase decisions. Redfin found that 15.3%

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20% down? How to help buyers who don’t know that’s a myth

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock Agents 20% down? Down payments that large aren't routine these days, but most buyers don't realize this because they aren't turning to agents with their home financing questions. Write to Meghan Roos.

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The Truth About Down Payments (It’s Not What You Think)

Keeping Current Matters

If you qualify for an FHA loan, you may only need to put 3.5% And VA loans typically don’t require a down payment at all. Learn more! According to the National Association of Realtors (NAR), the typical down payment for first-time buyers has been between 6% and 9% since 2018. But there’s more to the story.

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Why FHA Loans Are a Great Fit for People With Disabilities

The Mortgage Report

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Verify your FHA loan eligibility.

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Getting a VA Loan With a 100% Disability Rating

The Mortgage Report

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Verify your VA loan eligibility.

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Borrowers Gained $115 Billion in Home Equity in Q1 2025

The Mortgage Report

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?