Down payments fall as affordability worsens. Use Realtor.com’s search tool to find homebuyer assistance programs

1 min read
Between still-rising home asking prices, higher mortgage interest rates and other inflation-fueled affordability challenges, today’s homebuyers likely have less cash to put down when buying a new home. That and other market factors have caused the typical down payment to fall compared to last year, according to a new report from Realtor.com’s Economic team.  The … Continue reading "Down payments fall as affordability worsens. Use Realtor.com’s search tool to find homebuyer assistance programs" The post Down payments fall as affordability worsens. Use Realtor.com’s search tool to find homebuyer assistance programs appeared first on Homemade.

Between still-rising home asking prices, higher mortgage interest rates and other inflation-fueled affordability challenges, today’s homebuyers likely have less cash to put down when buying a new home. That and other market factors have caused the typical down payment to fall compared to last year, according to a new report from Realtor.com’s Economic team.  The …

The post Down payments fall as affordability worsens. Use Realtor.com’s search tool to find homebuyer assistance programs appeared first on Homemade.

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