Homeownership remains a cornerstone of financial stability and generational wealth-building, yet for many families, the down payment remains a significant barrier. In a recent article…
Buying your first home has become tougher lately, especially for first-time buyers. Even with help for a down payment, the combination of rising home prices…
Last spring, the California Housing Agency (CALHFA) announced it was offering $300 million in down payment assistance (DPA) under its California Dream for All program.…
At a time when home prices and interest rates are placing homeownership increasingly out of reach for first-time buyers, access to down payment assistance (DPA)…
The Community Reinvestment Act, commonly known as the CRA, has been a pivotal law in the banking industry since 1977. Designed to curb discriminatory lending…
Smart lenders are always looking beyond traditional financing solutions to find new ways to serve homebuyers. But right now, one of the biggest challenges buyers…
Most independent mortgage bankers and credit unions understand how challenging it can be to help first-time homebuyers, especially when they're the first ones in their…
Everyone’s path to homeownership looks different, but most people will encounter a few roadblocks along the way. That’s certainly more likely these days, as higher…
Housing markets are always evolving, although today’s market looks starkly different than it did one year ago. Not only have interest rates roughly doubled over…
There’s no doubt that today’s higher interest rates are making it harder for Americans to buy their first home. But even with rates increasing, buying…