A down payment is the portion of a home’s purchase price the buyer isn’t financing with a mortgage. The amount is paid ...

Detroit's $25,000 down payment assistance grant is helping first-time buyers compete with investors and turn renters into ...

Financial Literacy Sponsored by JPMorganChase While there is a lot of uncertainty around the housing market in 2025, ...

No one likes waiting to get into the home of their dreams. While many prospective homeowners have been biding their time for weeks, months, even years waiting for the market to shift, many challenges ...

Buying a new car is everyone's dream, but for many, finding the down payment becomes a major challenge. This is why many ...

Aurora is looking to beef up its down payment assistance program after officials say it was nearly shut down because of the limited number of applications it was receiving. The revamped program would ...

PMI is a type of insurance that protects the lender, not the borrower, in case the homeowner defaults on a conventional loan.

The median county home price of $562,400 in 2024 still outpaces the annual median household income of $90,200, making a home purchase difficult for many.