Tag Archives: down payment

Here’s How Much You Need to Save Each Day to Buy a Home in 15 Top Cities

For homebuyers—especially first-time ones—what looms larger and scarier than the prospect of pulling together enough cash for a down payment? A late-stage IRS audit, maybe? A bracing swim in gulper eel–infested waters? Click here to read article.

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It Could Take Years for Big-City Millennials to Save for a Down Payment

They want to buy, but millennials in the country’s biggest metros aren’t socking enough away. Click here to read article.

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Saving For a Down Payment On a Home In Just 2 Years

In today’s market, you usually need up to 10 percent of a home’s purchase price for a down payment. This means a $250,000 home could require $25,000 down plus closing costs. If you saved $1,040 a month for the next … Continue reading

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Calling All First-Time Buyers

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Renters aren’t saving to buy a house

Looking across the vast spectrum of housing surveys today, most will claim that the majority of renters want to buy a home eventually. That may be, but they’re not saving to do that. Click here to read article.

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Americans Think Homeownership Is a Sound Investment

A vast majority of Americans believe that buying a home is a solid financial decision, and most believe they could sell their home for at least its initial purchase price, according to a new survey from the National Association of … Continue reading

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10 Tricky Ways to Save for a Down Payment

Saving up enough money for a down payment on your first home can seem like a daunting task-and it can be. But, say consumer advocates at nerdwallet.com, you might try using a few of these odd little shortcuts to trick yourself … Continue reading

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17 Things First-Time Buyers Need To Know

Few things in life are more exciting than buying your first home. The feeling of turning the key for the first time (or clicking the garage door opener) is thrilling. You’ll likely feel a sense of pride like never before. … Continue reading

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Millennials’ Obstacles to Buying a Home

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The Mortgage Challenge

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