In 2025, the median down payment for first-time homebuyers was 10% — the highest median since 1989, according to the National ...

Buying a home for the first time is a big undertaking that can be exciting, frustrating and expensive. Saving up for a down payment, getting approved for a mortgage and covering closing costs are just ...

Neighbors Bank reports that first-time homebuyers face challenges, but preparation, budgeting, credit improvement, and assistance programs can ease costs.

Many buyers are looking for support as home prices and upfront costs remain high. Read more to see how these home buying ...