Percent Of First-time Homebuyers Reached a New High of 83.10% (FY 2020)

• First-time homebuyers historically have dominated FHA’s purchase transaction insurance program, representing four out of every five loans endorsed.
• The percent of forward mortgages insured for first-time homebuyers in FY 2020 reached a new high of 83.10 percent, as shown by Exhibit O-7, above.

Article:  https://www.hud.gov/press/press_releases_media_advisories/HUD_No_20_194

Annual Report, Print PDF: https://drive.google.com/file/d/1_n2Xz-YmuI3RtN3RZm_UPlcdw8H5ajEn/view?usp=sharing