BUSINESSWTOP DC
The Price of Entry May Be Dropping for Prospective Homebuyers, Survey Finds
Median down payments for homebuyers reached their lowest level in four years, dropping 19% year-over-year to $23,400 in Q1 2026. Mortgage rates declined from a year prior, and government-backed loans like FHA and VA accounted for a third of purchase mortgages, easing affordability pressures.
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