has dashed hopes for a better spring selling season, at least for now. Originations of home loans are expected to drop more than 19% this year, after falling by nearly half in 2022, according to the Mortgage Bankers Association.Addressing down payments — which have become the
people just 32 minutes outside of Detroit — said that UWM's 1% down payment program has already helped several of her clients close the deal on their home purchases. "These 1% down payment assistance programs are really making homeownership more affordable for borrowers, Beaubien added."$232,000
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