Saving for a down payment is one of the biggest obstacles to homeownership in the United States, even for buyers who can afford monthly mortgage payments. Having to gather thousands of dollars upfront ...
To address one of the largest barriers faced by first-time homebuyers, Freddie Mac has introduced an innovative platform for housing professionals called DPA One®. Launched in September 2023, this ...
Home prices have surged in recent years. Luckily, thousands of programs provide assistance for down payments. Shutterstock Purchasing a home is a lot more complicated than swapping cash for a set of ...
Add Yahoo as a preferred source to see more of our stories on Google. Detroit renters looking to become homeowners have another opportunity to make that happen. City officials, joined by President Joe ...
Buying your first home should be an exciting milestone, but the upfront costs can quickly get out of hand. Fortunately, down payment assistance programs are available to help first-time homebuyers ...
Initiative aims to remove confusion and improve access for homebuyers seeking down payment assistance. Freddie Mac wants to standardize and streamline down payment assistance (DPA) programs.
Freddie Mac rolled out standardized subordinate lien documents for subordinate mortgages offered by down payment assistance (DPA) providers to facilitate easier and greater use of DPA program.