@whatsamortgage_: Housing affordability in America continues to get more challenging. Today, approximately 25 million adults under the age of 35 are living with their parents. That’s roughly 33% of that age group. For many families, living at home longer isn’t a failure—it’s a financial strategy. It can provide extra time to save, reduce debt, build credit, and accumulate a larger down payment. One of the biggest factors that impacts affordability is the size of your down payment. Depending on the loan amount and interest rate, every additional $50,000 put toward a home purchase can reduce your monthly payment by roughly $400 to $450. If you’re living with your parents while saving for your future, don’t be embarrassed. Use that opportunity wisely. Build your emergency fund, save for a down payment, and create a plan. Whether that means buying locally, moving to a more affordable market, or simply taking more time to prepare, having a strategy is more important than rushing into a purchase before you’re ready. What’s your take on the housing market and affordability today? #Homeownership #HousingMarket #FinancialLiteracy

Minh Nguyen | Mortgage Broker

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Tuesday 23 June 2026 15:15:59 GMT