Mortgage applications for newly built homes fell 6% year over year in January 2025 but were up 19% from December, according to the MBA.

FHA loans require a minimum 3.5 percent down payment for borrowers with a credit score of 580 or more. Borrowers with a ...

A common rule of thumb suggests you need to make $100,000 or more to afford a $400,000 home. But it all depends on your down ...

FHA loans also have property requirements, and not every house will qualify. To be eligible for an FHA-backed mortgage, your home must: Have one to four units. Serve as your primary residence.

It’s a familiar feeling for people searching for a starter home. According to the National Association of Realtors, only 24% of buyers in 2024 were first-time buyers. That’s the lowest share in more ...

A JetBlue pilot was arrested at Boston Logan International Airport on a warrant for second-degree sexual exploitation of a ...

Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.

For buyers living in cities where home prices have skyrocketed, FHA high-balance loans can serve the purpose of an FHA Jumbo ...

The typical U.S. homebuyer now puts down roughly $63,000, about $4,000 more than last year, because of a jump in home prices.

Despite more homes on the market, existing home sales surprisingly fell 4.9% in January as elevated mortgage rates and high ...

The typical U.S. homebuyer's down payment was equal to 16.3% of the purchase price in December, up from 15% a year earlier, according to a new report from Redfin (redfin.com), the technology-powered ...

In dollar terms, the average down payment in December was $63,188, an increase of 7.5% from the previous year.