The average down payment among first-time buyers is 7% in 2021. That would equate to $18,627 on a median-priced home in the U.S. Home prices rose steadily during 2020, in most U.S. cities. Housing affordability continues to drop, in most housing markets. Down payment relief may be on the way, in the form of a […]
The post Average Down Payment Rising Among First-Time Buyers in 2021 appeared first on HBI News.