This week’s top legislative and policy news from the Mortgage Bankers Association.

As home builders have increased production levels to meet recent demand for homes, residential housing starts and permits, and new home sales have continued at a relatively strong pace through early 2025.

Realtor.com, Santa Clara, Calif., reported down payments reached an average of 14.4% of the total home purchase price, with a median down payment of $29,900, in 2024.