Posted 8/25/2023, 4:10:00 PM

Zillow Launches Loan Program to Help Home Buyers as Mortgage Rates Soar

Zillow introduces a 1% down-payment program to assist home buyers who couldn't afford the initial cost.

barrons.com

Relevant topic timeline:

9/8/2023

Down Payments on Homes Much Lower Than 20% for Most Buyers Today

Many people believe that a 20% down payment is necessary when buying a house, but in reality, the typical first-time buyer only needs around 6-7% as a down payment, and there are various programs available that offer even lower options.

9/22/2023

Housing Market Freeze to Limit Home Price Growth to 5% Over Next Year, Per Zillow Forecast

Zillow economists predict a 5% increase in home prices over the next year due to higher mortgage rates prolonging the housing market freeze.