[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f22w9c352tw9eg":3,"$ffeh0925h8cuz":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":30,"next":36},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":28,"updatedAt":29},800,"millennials-flock-to-low-down-payment-programs","Millennials Flock to Low Down Payment Programs","A recent \u003Ca href=\"http:\u002F\u002Fdownpaymentresource.com\u002Fwordpress\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002FDown-Payment-Report.Mar2017.pdf\">report\u003C\u002Fa> released by \u003Cem>Down Payment Resource\u003C\u002Fem> shows that 65% of first-time homebuyers purchased their homes with a down payment of 6% or less in the month of January.","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F04\u002F04121244\u002F20170412-Share-STM.jpg","A recent \u003Ca href=\"http:\u002F\u002Fdownpaymentresource.com\u002Fwordpress\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002FDown-Payment-Report.Mar2017.pdf\">report\u003C\u002Fa> released by \u003Cem>Down Payment Resource\u003C\u002Fem> shows that 65% of first-time homebuyers purchased their homes with a down payment of 6% or less in the month of January.\u003C!--more-->\r\n\r\nThe trend continued through all buyers with a mortgage, as 62% made a down payment of less than 20%, which is consistent with findings from December.\r\n\r\nAn \u003Ca href=\"http:\u002F\u002Fwww.dsnews.com\u002Fdaily-dose\u002F03-13-2017\u002Flow-payment-programs-attracting-millennials\">article\u003C\u002Fa> by \u003Cem>DS News\u003C\u002Fem> points to the new wave of millennial homebuyers:\r\n\u003Cblockquote>\u003Cem>“It seems that the long-awaited influx of millennial home buyers is beginning. Ellie Mae reported that mortgages to millennial borrowers for new home purchases continued their ascent in January, accounting for 84 percent of closed loans.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nAmong millennials who purchased homes in January, FHA loans remained popular, making up 35% of all loans closed. \u003Cem>Ellie Mae’s Executive Vice President of Corporate Strategy\u003C\u002Fem> Joe Tyrrell gave some insight into why:\r\n\u003Cblockquote>\u003Cem>“It is not surprising to see Millennial borrowers leverage FHA loans because they typically offer lower down payments and lower average FICO score requirements than conventional loans. Across the board, we're continuing to see strong interest in homeownership from this younger generation.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you are one of the many millennials who is debating a home purchase this year, let's get together to help you understand your options and set you on the path to preapproval.","\r\nIf you are one of the many millennials who is debating a home purchase this year, let's get together to help you understand your options and set you on the path to preapproval.",false,[16,20,24],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers",{"id":25,"name":26,"slug":27},38,"Move-Up","move-up","2017-04-12T10:00:43Z","2017-04-04T13:32:53Z",{"id":31,"slug":32,"title":33,"featuredImage":34,"publishedAt":35,"contentType":10,"isVideo":14},799,"carefuldont-get-caught-in-the-rental-trap","Careful…Don’t Get Caught in the Rental Trap!","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F04\u002F04112851\u002F20170411-Share-STM.jpg","2017-04-11T10:00:35Z",{"id":37,"slug":38,"title":39,"featuredImage":40,"publishedAt":41,"contentType":10,"isVideo":14},801,"home-mortgages-rates-up-requirements-easing","Home Mortgages: Rates Up, Requirements Easing","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F04\u002F11125956\u002F20170413-Share-STM.jpg","2017-04-13T10:00:09Z",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[47,51,52,56,60,64,68,69,73,77,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":53,"name":54,"slug":55},6,"For Sellers","sellers",{"id":57,"name":58,"slug":59},7,"Foreclosures","foreclosures",{"id":61,"name":62,"slug":63},8,"Infographics","infographics",{"id":65,"name":66,"slug":67},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":25,"name":26,"slug":27},{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]