FHA and VA loans are becoming more common: Just over 15% of mortgaged homebuyers use an FHA loan, and just over 7% use a VA loan, up from last year
The typical U.S. homebuyer’s down payment is $62,468, down by roughly 1% year over year, the first annual decline in nearly two years. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
Redfin’s report is based on its analysis of county records across 40 of the most populous U.S. metropolitan areas. April 2025 is the most recent month for which data is available…