Albany-area homebuyers signed more purchase contracts in September even as pending sales fell sharply across New York state and the country. The divergence is unusually pronounced: accepted contracts rose 9.8% from a year earlier in the Capital Region, while statewide...
Almost every homebuyer who closed a purchase through the NeighborWorks America nonprofit network last year was buying a first home, according to a five-year analysis released Monday. The finding illustrates how housing counseling and purchase assistance can help...
A buyer who purchases the median-priced home today with 20% down will pay $413,700 in interest over a 30-year mortgage at the current 6.53% rate, according to a data report from Best Interest Financial and Clever Real Estate. However, that sum is $10,500 more than the...
The typical homebuyer’s down payment in March was $64,000 in March, a 1.5% year-over-year decline. According to a new data report from Redfin, the typical homebuyer puts down 15% of a home’s purchase price, compared to 16.1% in March 2025. Redfin analyzed county...
President Trump is rejecting a proposal raised by his administration that would have enabled homebuyers to use money from their 401(k) accounts to finance down payments. The Hill reports National Economic Council Director Kevin Hassett previewed the proposal last week...