Downpayment assistance programs are available to first-time homebuyers across the country in the form of more than 2,400 such offerings at the local and state levels, but they have not had an appreciable impact on the level of U.S. homeownership.

This is why a zero-down Federal Housing Administration (FHA) mortgage would be a more viable and cost-effective option, according to a recent issue brief published by the Urban Institute and co-authored by Michael Stegman, Ted Tozer and Richard Green.

“For many years, details ⇒

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