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Debunking Homebuyer Down Payment Myths

Of all the barriers blocking people from becoming homeowners, one stands out above the rest: the down payment. For many young or low-to-median-income Americans, the prospect of accumulating a big chunk of cash to put down on a home seems virtually impossible – especially if they lack family members able to give or loan them […]

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Five Tips on How to Engage Potential Hispanic Homeowners

The homeownership rate for Hispanics has jumped in recent years, a fact that could buoy the housing market for years, according to a recent Wall Street Journal 1 article.   The homeownership rate of Hispanics is on the rise according to a recent Wall Street Journal article. It was only three years ago that homeownership […]

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CBC Mortgage Agency Applauds Unanimous Senate Committee Passage of T-HUD Appropriations Bill

Bill includes critical language encouraging HUD to collect data from governmental entities providing down payment assistance   WASHINGTON – CBC Mortgage Agency (CBCMA) today applauds the unanimous passage (31-0) of legislation that includes language encouraging the Department of Housing and Urban Development (HUD) to collect data on which governmental entities provide down payment assistance to […]

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