It took the typical Metro Detroit household nearly eight years to save for a median home down payment as of 2025, according ...
Data: Realtor.com; Note: Calculated using personal savings rate, median household income and median down payment amount; Chart: Axios Visuals Pittsburgers have a slightly easier time saving up a down ...
Down payment assistance can bridge the gap between your savings and the amount needed to buy a home — if you know where to ...
Buying a home is expensive, and relocation incentives often fall short of covering real costs. But some cities do offer enough cash to cover at least 3% of the area’s average home price — the minimum ...
A point is prepaid interest; so buying points is paying part of your mortgage interest upfront instead of over the life of ...