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#downpayment — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #downpayment, aggregated by home.social.

  1. Down Payments Finally Stop Rising—Here’s What Homebuyers Are Paying Now

    Down payments are holding steady as the housing market cools, offering a bit relief for buyers—although some regions…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Markets #Business #DataJournalism #downpayment #FicoScore #homebuying #housingdata #housingmarket #PushNotification #video
    newsbeep.com/us/239367/

  2. In the wake of a recent birthday, I started doing some napkin maths today.

    I've never been in a financial position to feasibly consider #HomeOwnership, and it's been becoming less so over time as the years go on and the #Economy gets worse and worse for those not already millionaires. I admit I got a late start feeding a portion of my wages into 401(k)s, but it's still looking like the closest I will ever come to being able to #Retire is getting new ones for my car.

    Accumulating enough savings for a 20% #DownPayment on a house when a burnt-out shack in an empty field lists for $300,000? It is to laugh.

    And let's say I do manage to secure property and a mortgage for it? Most times I hear about this being a 30-year debt commitment. I'd be in my seventies before it being due to be paid off.

    I'm a lot better off financially than I was 20 years go -- no debt, car paid off, I do have some savings and I'm no longer living paycheque-to-paycheque. When when I look at it macroscopically, it's hard not to #Despair.

  3. One week until our next episode of @CA_DRE #FirstHomeCalifornia podcast drops. Catch up now, plus, see a sneak peek of next episode on California’s First-Time Homebuyer Programs at: youtu.be/2WLQHbqoNAA. Don’t forget to subscribe! Learn more at: dre.ca.gov/FirstHomeCalifornia. #NewHome #FirstHome #Podcast #DownPayment @CalHFA